- The Norwegian Krone rose, extending previous session gains following yesterday's better-than-expected inflation data.
- On Thursday, the pair rose to an all-time high of 9.1815 but closed lower at 9.1222, 0.54 down for the day.
- Major support 10-DMA has turned into a resistance level.
- USD/NOK trades 0.3 percent down at 9.0987, having touched a record high of 9.1815 the day before.
- Momentum indicators are bearish - Stochs are biased lower and MACD supports downside.
- Immediate resistance is located at 9.1437 and a close above could take it till 9.1615.
- On the downside, support is around 9.0793 (20-EMA), break below could take it till 9.0559 (21-DMA).
Recommendation: Good to sell on rallies around 9.1114, with stop loss at 9.1354 and target price of 9.0793


GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro- Major European Indices
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 



