Technical Analysis – EURNOK falls to 4-month lows; near oversold levels

EURNOK declined fiercely after it touched a nine-year high of 9.9912 on December 21. Then in early February, the market managed to recoup some of its losses, but its efforts were not sustainable, and prices reversed direction again to reach a four-month low of 9.4709 today. The RSI is currently increasing negative momentum in bearish […]