I personally will be buying more Krone in a bank account instead of directly trading the currency. The Krone is coming into a very strong resistance zone. This is where it channeled in 2008 into 2009 for about five months. I would expect it to do the same thing due to Status-Quo Bias (yes, I know that's the Gambler's Fallacy). I'll be happy holding onto the Krone if USD decides it wants to head higher.
I'm not trading it because this is a more long-term hold for me.
I'm not trading it because this is a more long-term hold for me.
