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session but reversed around 0.74786 resistance which was a key resistance point in last weeks session.
My thoughts on what may happen
CAD/CHF: The Canadian dollar might head down to test its support level at 0.74723 in the 60 minutes price chart. Failure to hold at 0.74723 could push the pair further down to its next support level at 0.74685. The breakout point to the upside is estimated at 0.74786
usdnok pair over all looking in solid selling and I incline toward for sell the usdnok pair at value 8.30 to 8.50 and we set our take benefit at value 8.00 to 7.80 and we set our stop misfortune point at value 8.50 to 8.70 greatest and dealer must investigation the usdnok pir current pattern and merchant examination the total basics and specialized investigation of usdnok exchanging pair then he/she place request and make great benefit effectively with usdnok pair selling positions today
The dollar consolidated recent gains and held below a near one-month high on Monday as higher U.S.
*Resistance. 1: 8.1700. Resistance. 2: 8.1900. Resistance. 3: 8.2100.
Support. 1: 8.1100. Support. 2: 8.1050. Support. 3: 8.1000.
Todays analysis of usd-nok
Today trend is: Bearish
Support levels for the pair is:
Support1:8.505
Support2:8.4985
Support3:8.4837
Resistance levels for the pair is:
Resistance1:8.5198
Resistance2:8.528
Resistance3:8.5428
Pivot points is :
8.5133
Usdnok
support and resistant level
s3: 8.6463
s2: 8.705
s1: 8.729
pp: 8.7636
r1: 8.7877
r2: 8.8223
r3: 8.8809
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Early-April started with the hope that EUR/USD may sink below the support side of range formation that’s now almost half-a-year old; and then last week saw EUR/JPY spike with strength as the Yen sold-off aggressively in an apparent return of risk tolerance across major currencies.
usdnok pair over all looking in solid selling and I incline toward for sell the usdnok pair at value 8.30 to 8.50 and we set our take benefit at value 8.00 to 7.80 and we set our stop misfortune point at value 8.50 to 8.70 most extreme and merchant must examination the usdnok pir current pattern and dealer investigation the total basics and specialized examination of usdnok exchanging pair then he/she place request and make great benefit effectively with usdnok pair selling positions today
Alternatively, 50-day SMA level of 0.7130 may restrict the pair’s adjacent rise prior to escalating its recovery to 0.7190 and the 200-day SMA level of 0.7240. Though, eight-month old resistance-line, at 0.7325, could challenge the Bulls past-0.7240, if not then 0.7400 might please them.
Right now the usd/nok rate 8.7123
Today the suitable selling point will be 8.7060
And today the most suitable buying point is 8.7192
Good luck