Thursday, October 15, 2026

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FxWirePro: EUR/NOK enjoys roller coaster movement, consistent close above 9.6057 requires for upside rally

EUR/NOK is currently trading at 9.5760 levels. It made intraday high at 9.5787 and low at 9.5610 levels. Intraday bias remains neutral for the moment. A sustained close below 9.5652 will test key supports at 9.5420, 9.51…

By FxWirePro Team
1 min read
FxWirePro: EUR/NOK enjoys roller coaster movement, consistent close above 9.6057 requires for upside rally
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  • EUR/NOK is currently trading at 9.5760 levels.
     
  • It made intraday high at 9.5787 and low at 9.5610 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close below 9.5652 will test key supports at 9.5420, 9.5170 and 9.4725 levels respectively.
     
  • On the other side, reversal from key support will take the parity higher towards key resistance around 9.6057/9.6200/9.6326/9.6548 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.

We prefer to take long position on EUR/NOK only above 9.6057, stop loss at 9.5412 and target of 9.6548.

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By FxWirePro Team