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vlad.adrian
Aug 20, 2014 11:08 AM

USDNOK - Short Norway  Long

U.S. Dollar/Norwegian KroneFXCM

Description

This is the same idea as going long USDSEK, as these pairs move together, the only difference being the range of the movement.

USDNOK suffered a heavier correction than USDSEK last weeks. The weekly chart doesnt look as bullish as the USDSEK chart tradingview.com/x/ZixgzhlC/.

Correction seems to have stopped at 38% Fib, at a strong support area.
Comments
vlad.adrian
Got out of all my short Nok positions a bit below 6.38000, during the rate announcement on 18.09.2014
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