Thursday, October 15, 2026

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EUR/NOK price bounced out of the hourly cloud, base holding

Source: Thomson Reuters EUR/NOK price looked like the perfect bear play until the bounce from the 8.3720 low Pair now fighting the prospects of a bullish candle, bear picture damaged Price also bounced out of the hourly …

By Jay L. Zagorsky
1 min read
EUR/NOK price bounced out of the hourly cloud, base holding
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Source: Thomson Reuters


  • EUR/NOK price looked like the perfect bear play until the bounce from the 8.3720 low

  • Pair now fighting the prospects of a bullish candle, bear picture damaged

  • Price also bounced out of the hourly cloud, the base holding

  • Close key, pair targets recent 8.3220 low

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