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The US Dollar/Norwegian Krone pair (USD/NOK) launched its bull run in October 2014 when it took out resistance of 6.50. The breakout was so strong that the market went as high as 8.9917 in January 2016. In a little over a year, the US Dollar rose almost 40% against the Norwegian Krone.
The technical patterns on USD/NOK and EUR/NOK depict some bearish patterns. The preferred position is short USD/NOK and EUR/NOK while remaining long EUR/NZD (from Aug 29).
usdnok pair over all looking in strong selling and i prefer for sell the usdnok pair at price 8.30 to 8.50 and we set our take profit at price 8.00 to 7.80 and we set our stop loss point at price 8.50 to 8.70 maximum and trader must analysis the usdnok pir current trend and trader analysis the complete fundamentals and technical analysis of usdnok trading pair then he/she place order and make good profit easily with usdnok pair selling positions today
usdnok pair over all looking in strong buying and i prefer for sell the usdnok pair at price 8.35 to 8.45 and we set our take profit at price 8.70 to 8.90 and we set our stop loss point at price 8.25 to 8.15 maximum and trader must analysis the usdnok pir current trend and trader analysis the complete fundamentals and technical analysis of usdnok trading pair then he/she place order and make good profit easily with usdnok pair buying positions today
Resistance. 1: 8.1700.
Resistance. 2: 8.1900.
Resistance. 3: 8.2100.
Support. 1: 8.1100.
Support. 2: 8.1050.
Support. 3: 8.1000.
usdnok pair over all looking in strong selling and i prefer for sell the usdnok pair at price 8.60 to 9.00 and we set our take profit at price 7.50 to 7.00 and we set our stop loss point at price 9.10 to 9.50 maximum and trader must analysis the usdnok pir current trend and trader analysis the complete fundamentals and technical analysis of usdnok trading pair then he/she place order and make good profit easily with usdnok pair selling positions today
============= TODAY'S TECHNICAL LEVEL OF USD-NOK ============
@@@@@ Resistance. 1: 8.4500. @@@@@ Support. 1: 8.1000.
@@@@@ Resistance. 2: 8.4700. @@@@@ Support. 2: 7.8000.
@@@@@ Resistance. 3: 8.4900. @@@@@ Support. 3: 7.6000.
============ USD-NOK MARKET OVER ALL TREND BUY ==============
Today USD/NOK pair Trend :
I analysis the USD/NOK and i find these trading points for trading.
For your safe and profitable trading I share these prices for selling or buying the USD/NOK.
Trading recommendations: Buy : 8.3350 Take profit: 8.3550 Buy 8.3560 Take profit: 8.5560
Trading recommendations: Sell: 8.5550 Take profit: 8.5340 Sell: 8.5320 Take profit: 8.5100.
The technical patterns on USD/NOK and EUR/NOK depict some bearish patterns. The preferred position is short USD/NOK and EUR/NOK while remaining long EUR/NZD (from Aug 29).
TODAY'S TECHNICAL LEVEL OF USDNOK :
Breakout BUY Level: 8.80. ******* Strong Resistance: 8.60.
Original Resistance: 8.40. ******* Inner Sell Area: 8.20.
Target Inner Area: 8.00. ******* Inner Buy Area: 7.80.
Original Support: 7.60. ******** Strong Support: 7.40.
*********Breakout SELL Level: 7.20. ********
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.