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FxWirePro- Woodies Pivot(Major) 
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00 
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AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity 
- The Norwegian Krone rose, hovering away from a 1-week low hit in the previous session as investors digested upbeat unemployment rate.
- Norway's seasonally adjusted unemployment rate stood at 3.8 percent in the three months to November, the same as in the June-August period but below expectations of 3.9 percent.
- USD/NOK trades 0.2 percent lower at 8.8110, having touched a low of 8.7542 on Thursday, its lowest since July 31.
- Momentum indicators are bearish on hourly charts: RSI weak at 40.11, MACD supports downside and Stoch are biased lower.
- 200-DMA is acting as major resistance.
- Next resistance level is located at 8.8720 (10-DMA), and close above could take it till 8.9115.
- On the downside, support is around 8.7880, break below could take it till 8.7542.
Recommendation: Good to sell on rallies around 8.8339, with stop loss at 8.8654, and target price of 8.7880.
