Technicals

Add as a preferred source on Google

FxWirePro: Go long on EUR/NOK around 9.18 with stop loss at 9.1667 and target of 9.2630

EUR/NOK is currently trading at 9.1840 levels. It made intraday high at 9.1945 and low at 9.1519 levels. Intraday bias remains bullish till the time pair holds key support level at 9.1667. Alternatively, a sustained brea…

1 min read
FxWirePro: Go long on EUR/NOK around 9.18 with stop loss at 9.1667 and target of 9.2630
Image from the original EconoTimes article

Read the original article

  • EUR/NOK is currently trading at 9.1840 levels.
     
  • It made intraday high at 9.1945 and low at 9.1519 levels.
     
  • Intraday bias remains bullish till the time pair holds key support level at 9.1667.
     
  • Alternatively, a sustained break below key support targets next level at 9.0856 levels.
     
  • On the other side, reversal from key support will take the parity higher towards 9.2630/9.2878/9.3491 marks. 

    We prefer to take long position in EUR/NOK around 9.18, stop loss 9.1667 and target 9.2630 levels.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560