USDNOK is reaching demand area and we hope a good long position i prefer to save 30% of volume at target defined and let it go Entry:10.34797 SL:10.24479 Target: 11.03141 RR:1:6
I expect to usd/nok prices go higher until mid of 2024, It looks like From 8.50 to 8.40 range best place to long usdnok right now 8.21 or 8.05 might be your SL place according to your position. Long Position entry Location 8.40-8.50 SL:8.21 or 8.05 TP1: 11 TP2: 12.75 TP3: 13.60 TP4: 14.90
ON A SELL TREND..WE LOOKING FOR POSSIBLE SELLING POINTS
USDNOK reversed off its resistance at 9.18280 where it could potentially drop further to 9.12780. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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 expected to rise up to 9.19529 where it could potentially react off and drop down to 1st support at 9.14950. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK bounced off 9.01000 where it could potentially rise further to 9.11100. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK bounced off 9.01982 where it could potentially rise further to 9.11100. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK reversed off its resistance at 98.08 where it could potentially drop further to 97.27. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530)....
USDNOK to reverse from its downside confirmation at 8.72425 where it could potentially drop further to 8.68724. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.