USDNOK approaching support, potential for a bounce!
USDNOK is expected to drop to 1st support at 9.12480 where it could potentially react off and up to 1st resistance at 9.18165.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK
USDNOK to climb from upside confirmation, potential bounce!
USDNOK to climb from its upside confirmation at 9.12665 where it could potentially bounce further to 9.17300.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK approaching resistance, look out for potential reversal!
USDNOK is approaching its resistance at 9.16290 where it is could reverse down to its support at 9.05090.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK to reverse from downside confirmation, potential drop!
USDNOK to reverse from its downside confirmation at 9.16290 where it could potentially drop further to 9.05090.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK to reverse from downside confirmation, potential drop!
USDNOK to reverse from its downside confirmation at 9.17333 where it could potentially drop further to 9.05090.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK SHORT OPPORTUNITY - HUGE BEARISH PINBARHey traders, as seen on the chart price has formed a very bearish pinbar on the daily.
Price also rejected the top of the trend line I have drawn.
Since this is a counter trend trade we are targeting conservative areas.
Risk to reward of 1.5.
Simple price action and technical analysis.
Daily trade analysis and ideas:
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