Technical Analysis – EURNOK’s decline from record high halts at 50-moving average
EURNOK’s aggressive push lower has ceased around the support region of 10.0619 to 10.0550 – the former being the 50.0% Fibonacci retracement of the up leg from 9.8146 to 10.3110 and the later, the 2018 high of 10.0550 – after tumbling from the all-time high of 10.3110. The technical indicators suggest that the negative momentum […]