NORWEGIAN KRONE / U.S. DOLLAR
Long
Updated

NOK attractive at current price

210
Own built NOK index (daily) is currently retesting a break out. Looking for long entries despite awful crude oil inventories.
Note
In order to confirm that NOK has bottomed, we want to see an impulsive bounce from those levels. Keeping an eye on Oil.

snapshot
Note
NOK managed to break the downward trendline, the daily close will matter.

snapshot

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