- EUR/NOK is currently trading at 8.8242 levels.
- It made intraday high at 8.8242 and low at 8.8081 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 8.8330 marks.
- A sustained close below 8.8215 will test key supports at 8.8060, 8.7915 and 8.7802 marks respectively.
- On the other side, reversal from key support will take the parity higher towards key resistances around 8.8379, 8.8525, 8.8686, 8.8733 and 8.9013marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to go short on EUR/NOK around 8.83 with stop loss at 8.8379 and target of 8.8060/8.7873.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro : EUR/NZD slips lower after soft US jobs report
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: AUD/USD eases as investors await U.S. employment figures 



