Trade Idea on USD/NOK

Trade Idea on USD/NOK based on US-NO yields and rising wedge on the weekly. The Krone is usually in lockstep with USOIL, which I expect to drop early December (ARAMCO IPO holding it up and inventories showing lack of demand).

Target 8.95 demand zone. 200 pips, yes, please
Trend Analysis

Also on:

Disclaimer