USDNOK to reverse from its downside confirmation at 8.72425 where it could potentially drop further to 8.68724. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK to climb from its upside confirmation at 8.69565 where it could potentially bounce further to 8.72425. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Pattern: 1W Rectangle. Signal: Scalping. Sell within the 1W Resistance Zone (8.7600 - 8.8200), Buy within the 1W Support Zone (8.4000 - 8.4700). Target: Near the Support Zone for shorts, Near the Resistance Zone.
USDNOK bounced off its support at 8.67095 where it could potentially rise further to 8.72425. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:USDNOK Details on chart Pipdified
Disclaimer - I could be wrong/Trade at your own risk...
Pattern: Channel Up on 1W. Signal: Bullish after since pattern made a Higher Low. Target: 9.1000 (just below the +8.80% extension).