OrcChieftain

Round support, oil correlation

Short
OANDA:USDNOK   USD/NOK
I believe the price has bounced off the 9.0 level again. With OPEC that has been undershooting its targets in recent months, I don't see an oil drop, hence USDNOK is fundamentally bearish as well as technically.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.