FX:USDNOK   U.S. Dollar/Norwegian Krone
The Norwegian Kroner continues to strengthen against the U.S Dollar.

Higher Crude Oil prices are increasing the demand for the commodity-linked Norwegian Krone.

The Dollar is weaker due to lower interest rates and the negative balance in the U.S Current account.

In the video we look at selling the exchange rate, with take profit targets, stop loss, and entry price analysis.


Kayan Kalipha
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.