if the price at around (8.98664) doesn't break, we could see an correction to the downside in the (7.28474) area.
But if it breaks, we could see the price to return to the highs of 1985... yes...
It is also important to consider the Oil price as an leading indicator of the price movements for the norwegian krone.
trump is indicating an expanding in the drillings around US. that's why i see the oil price relative low, and therefore a weakening of the norwegian krone, and maybe it will lead to the USD/NOK to an all time high.