FxWirePro: EUR/NOK finds support above 9.37, upside limited
EUR/NOK is currently trading at 9.3780 levels. It made intraday high at 9.3974 and low at 9.3417 levels. Intraday bias remains neutral for the moment. A daily close below key support 9.3190 level will drag the parity dow…
It made intraday high at 9.3974 and low at 9.3417 levels.
Intraday bias remains neutral for the moment.
A daily close below key support 9.3190 level will drag the parity down towards key supports at 9.24 and 9.16 marks respectively.
Initial resistance levels are seen at 9.3862, 9.3896 and 9.3939 levels.
On the other side, key support levels are seen at 9.2353, 9.1686 and 9.1615 marks.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
