ew-forecast

USDNOK Update III: Correction May Be Over

Long
FX:USDNOK   U.S. Dollar/Norwegian Krone
On the 4h chart we see that correction in red wave ii reached the fibo level 0.618 of previous red wave i. That said the pullback in red wave ii may be over, and now price may reach higher levels. Break above 8.0 is expected.

Elliott Wave Service
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