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FxWirePro: EUR/NOK Daily Stochs poised lower, 8.8920 supports for now

  • EUR/NOK hourly price bouncing off 8.8920 mutiple times today, strong support on the downside

  • EUR/NOK is currently trading at 8.9072, buyers back at lows, pushing prices higher

  • A close below 8.8900 could take the pair to 8.8185 (Jul 6 low)

  • Daily Stochs crossed sharply to the bear side after last week's 9.1470 fail
Resistance Levels:

R1: 8.9352 (Daily Tenkan-Sen)

R2: 8.9900 (Daily High Jul 10)    
 
R3: 9.1200 (Daily High Jul 9)  

Support Levels: 

S1: 8.8323 (20 DMA)

S2: 8.7213 (55 EMA)

S3: 8.6602 (5O DMA)

  • Market Data
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