USDNOK BACK AT SELL ZONE
USDNOK is back into the key daily lows where we could see sellers re-enter the market.
The USDNOK is currently trading within a weekly range and could see prices test the key lows
of the range in the demand zone labeled on the chart. With Oil prices on the rise once again the
NOK could benefit and gain strength. We will be looking for lower timeframe shorting opportunities
here of waiting for a daily bearish close to look for a short position.
The USDNOK is currently trading within a weekly range and could see prices test the key lows
of the range in the demand zone labeled on the chart. With Oil prices on the rise once again the
NOK could benefit and gain strength. We will be looking for lower timeframe shorting opportunities
here of waiting for a daily bearish close to look for a short position.
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