• The Norwegian Krone declined, halting a 2-day rally as the U.S. oil prices slumped to its lowest level since 1999. 
   
• On Monday, oil prices tumbled, depressed by concern that U.S. crude storage will soon be full while companies prepare to report their worst quarterly earnings since the 2008 financial crisis.
   
• USD/NOK trades 0.8 percent up at 10.3954, having touched a high of 10.5834 on Thursday, its highest April 6. 
   
• Earlier in the day, the pair fell to a near 1-week low but regained ground to trade above 5-DMA. 
   
• Immediate resistance is located at 10.4780, and close above could take it till 10.4985.
   
• On the downside, support is around 10.2735, break below could take it till 10.2500.