FxWirePro: Norwegian krone falls after lower than expected CPI data

• EUR/NOK is currently trading at 9.0828 levels.
   
• It made intraday high at 9.0839 and low at 9.0383 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 9.0089 marks.
   
• A sustained close below 9.0089 will test key supports at 8.9622, 8.9566 and 8.9011 marks respectively.
   
• On the other side, reversal from key support will take the parity higher towards 9.1463/9.1685/9.2023 marks respectively.
   
• Norway's September core CPI +2.9 pct yr/yr - statistics Norway (RTRS poll +3.3 pct).
   
• Norway's September core CPI +0.3 pct mo/mo - statistics Norway (RTRS poll +0.7 pct).
   
• Norway's September CPI +3.6 pct yr/yr - statistics Norway (RTRS poll +4.0 pct).
   
• Norway's September CPI +0.3 pct mo/mo - statistics Norway (RTRS poll +0.7 pct).
   
• Norway's September PPI -6.1 pct yr/yr - statistics Norway.

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.