TizTrader

USD/NOK - The bulls are strong!

FX_IDC:USDNOK   U.S. DOLLAR / NORWEGIAN KRONE
YES! The bulls can turn the move up into momentum and we cross the resistance at NOK 8,72980. Now I see a 5-part movement within wave 3. USD / NOK should now come back in wave 4 in green up to a maximum of NOK 8,49547. I estimate the current correction as wave 4, which has room to reach the mentioned area.