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JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
- The Norwegian Krone nudged higher, retreating from record lows hit earlier in the session following mixed economic data.
- Norway's retail sales increased 0.50 percent in January over the previous month, while on an annualized basis it decreased 1.70 percent in January.
- USD/NOK trades 0.2 percent lower at 9.3805, having touched an all-time high of 9.4126 earlier in the session.
- Momentum indicators are bullish: RSI strong at 67, MACD supports upside and Stochs are at overbought levels.
- Immediate resistance is located at 9.4167, and close above could take it till 9.4205.
- On the downside, support is around 9.3558, break below could take it till 9.3403 (5-DMA).
Recommendation: Good to sell on rallies around 9.3935, with stop loss at 9.4033 and target price of 9.3558.
