03 Aug
EURNOK Forex cross pair is rallying strongly, reacting to a prior weekly demand imbalance located around 9.60. There are new buy opportunities at a brand new weekly demand new demand imbalance created slightly higher around 9.66. There is a clear long-term long bias, so only longs at new demand levels is possible. Going short is not good or wise when everything points up. No matter the over-bought indicator, the long-term bias on the EURNOK Forex cross-pair is bullish.
EURNOK Forex Cross pair forecast video analysis
The attached supply and demand technical video analysis explains a bit more about EURNOK bias and the strength of the new imbalances being created. Trade with the trend and avoid unnecessary losses by going against an uptrend; going short when everything is pointing up is suicidal.
EURNOK Forex cross-pair supply and demand forecast is bullish.
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