ew-forecast
Long

USDNOK Moving Higher In Impulsive Fashion

FX:USDNOK   U.S. Dollar/Norwegian Krone
109 0 4
USDNOK             has been trading in impulsive fashion the last couple of days, reaching new highs after the correction in previous black wave (ii). We assume that USDNOK             will continue to the upside to Target level #1 to around 8.15-8.17 where third leg would equal to the first leg of black wave (i). But ideally we will see an extensions up to 161.8% (ideal target) for black wave ( iii             ).
We see price trading above the trendline support shown on the hourly chart which is important evidence for bullish trend . So as long as this line is not breached we will continue to look higher within a black wave three.
FX-Online Service: https://ew-forecast.com/service/

Crypto Intraday Updates and charts: https://ew-forecast.com/crypto_currencies/

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out