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EUR/NOK technical outlook

Pair is currently trading at 9.5370. It made intraday high at 9.5455 and low at 9.4553 levels. Intraday bias remains bullish till the time pair holds key support at 9.4418 levels. On the other side, key resistance level …

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EUR/NOK technical outlook
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  • Pair is currently trading at 9.5370.
     
  • It made intraday high at 9.5455 and low at 9.4553 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 9.4418 levels.
     
  • On the other side, key resistance level falls at 9.7465 levels.

We prefer to take long position in EUR/NOK around 9.5350, stop loss 9.4418 and target 9.73 levels.

 

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