I spy a breakout and a retest, an inverse head and shoulders, and a new high on the RSI. Where do we go from here? I say the target is about 23% higher at $30. This of course hinges on oil strength and dollar weakness, as is always the case with NOKUSD.
Note
Also note the double bottom at $23.30Order cancelled
Looks very bearish actually. Might be unable to break $24.90.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.