Thursday, October 15, 2026

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FxWirePro: EUR/NOK moves in stiff boundaries, sustained close above 9.5863 requires for upside rally

EUR/NOK is currently trading at 9.5625 levels. It made intraday high at 9.5858 and low at 9.5296 levels. Intraday bias remains slightly bullish till the time pair holds key support at 9.5118 mark. A sustained close below…

By FxWirePro Team
1 min read
FxWirePro: EUR/NOK moves in stiff boundaries, sustained close above 9.5863 requires for upside rally
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  • EUR/NOK is currently trading at 9.5625 levels.
     
  • It made intraday high at 9.5858 and low at 9.5296 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 9.5118 mark.
     
  • A sustained close below 9.5118 will test key supports at 9.4725, 9.4557, 9.4234 and 9.4059 levels respectively.
     
  • On the other side, reversal from key support will take the parity higher towards key resistance around 9.5937/9.6200/9.6326/9.6548 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 around 9.5550, stop loss at 9.5261 and target of 9.6200.

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By FxWirePro Team