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FxWirePro- Woodies pivot (Major) 
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- The Norwegian Krone eased, halting a 4-day rally as Norway's inflation data came in weaker-than-expected.
- Norway's annual inflation rate declined to 1.6 percent in August from 1.8 percent in the previous month and below consensus of 1.8 percent gain.
- On a monthly basis, the consumer price index fell 0.7 prices and the core index declined 1.2 percent.
- USD/NOK trades 0.6 percent up at 8.9788, having touched a low of 8.9122 on Monday, its lowest since Aug. 14.
- Momentum indicator are turning bullish - RSI support upside and Stochs have rolled over from oversold levels
- Immediate resistance is around 9.0044 (5-DMA) and any violation above could take it till 9.0485 (August 28 High).
- On the downside, support is located at 8.8878 (August 7 Low) and any break below could take it till 8.8490 (August 9 Low).
Recommendation: Good to buy on dips around 8.9314, with stop loss at 8.9122 and target price of 9.0044
