MoolahMaker

NOK/JPY - Short 200 Pips

Short
FOREXCOM:NOKJPY   Norwegian Krone / Japanese Yen
As long as the 50 EMA on the 8 hour chart continues to act as resistence, we can expect NOK/JPY to fall.

It was not able to find support on top of it and thus, it may reverse back down after these few days of consolidation.

A pending order could be placed right underneaght the lows, that is at 13.2, so that you may enter right when the break down happens.
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