xtrader1

Krona should benefit from weakening Dollar

Short
PEPPERSTONE:USDNOK   US Dollar vs Norwegian Krone
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USDNOK H4 23-10-22:

- Norway is making huge profits replacing Russian gas to EU at elevated prices
- If Dollar is going to weaken, Norwegian Krona should take advantage
- Looking for a to push lower to 10.00 (minimum)
- 10.00 = MS1 = Previous Month Open
- Convincing break and close below BUY-VWAP is confirmation
- Convinsing break above Sell-VWAP is invalidation of setup
.

Sultan of Swing
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