NOKUSD trade ideas
USDNOK bounced from support, potential for a further rise!
USDNOK bounced off 9.08402 where it could potentially rise further to 9.13655.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
$usdnok (4h) Eventual Head and ShouldersOANDA:USDNOK
"10 Nov:
Now rejecting the weekly resistance forged at 9.16481 after printing the new daily fractal above it, at 9.20410, forming one eventual right shoulder. Default targets below one broken neck projected around 8.86950, right at the weekly fractal support, which is positioned at 8.87520."
- at Forex Analytix
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 reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.17300 where it could potentially drop further to 9.09780.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK reversed from resistance, potential drop!
USDNOK reversed off its resistance at 9.14349 where it could potentially drop further to 9.09780.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
