BlueberryMarkets

ANALYSIS: USDNOK WEEKLY CHART SUGGESTS A REVERSAL

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FX:USDNOK   U.S. Dollar/Norwegian Krone
Looking at the USDNOK weekly chart we can see that price rejected the
key weekly highs. Despite the fall in Oil, the Norwegian Krona performed well,
this could be a sign of strength to come.
We will be watching the 4hr timeframe for shorting opportunities in line
with the weekly timeframe.
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