Krona trading hourly channelThe hourly chart shows solid upward movements consistent with our expectation that the 9.5103 Fibo retracement is up for tests. The pitchfork holds its ground, while a junior channel leads the rate south, facilitated by very bullish-looking SMAs that rest beneath. Resistance at 9.5279 forms an ascending triangle, which has just been broken and then reinforced, giving reason to believe that some more hitches could come from the area, but that eventually the rate will push through.
