Thursday, October 15, 2026

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FxWirePro: EUR/NOK hits fresh 15-month low at 8.9297, consistent break below targets 9.9178

EUR/NOK is currently trading at 8.9517 levels. It made intraday high at 8.9888 and low at 8.9466 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.0461 marks. A sustained close below 8.92…

By FxWirePro Team
1 min read
FxWirePro: EUR/NOK hits fresh 15-month low at 8.9297, consistent break below targets 9.9178
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  • EUR/NOK is currently trading at 8.9517 levels.
     
  • It made intraday high at 8.9888 and low at 8.9466 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 9.0461 marks.
     
  • A sustained close below 8.9297 will test key supports at 9.9204, 9.9178, 8.8801 and 8.8304 levels respectively.
     
  • On the other side, reversal from key support will take the parity higher towards 9.0461/9.0780/9.1463/9.1685 marks respectively.
     
  • Norway will release core retail sales data at 0600 GMT.  

We prefer to go short on EUR/NOK around 8.94 with stop loss at 8.9725 and target of 8.9178/8.8801.

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By FxWirePro Team