- The Norwegian Krone drifted further away from a 1-week peak hit in the previous session after the release of downbeat current account figures.
- Norway's current account surplus plunged to NOK 23.93 billion in the third quarter from NOK 83.89 billion in the same period the prior year.
- USD/NOK trades 0.3 percent higher at 9.2082, having touched a low of 9.1346 on Tuesday, its lowest since November 25.
- On Tuesday, the pair broke below major support 21-DMA; but rebounded to close 0.2 percent higher at 9.1785.
- Momentum indicators are bullish: RSI strong at 58.11, Stoch are biased higher and MACD supports upside.
- Immediate resistance is located at 9.2222, and close above could take it till 9.2370.
- On the downside, support is around 9.1647 (10-DMA), break below could take it till 9.1564 (20-EMA).
Recommendation: Good to buy on rallies around 9.1856, with stop loss at 9.1647 and target price of 9.2222.


NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro- Woodies pivot (Major) 



