FxWirePro: USD/NOK tumbles to 3-1/2 week trough, good to sell on rallies

• The Norwegian Krone rallied to a 3-1/2 week peak as the greenback eased on Fed's dovish stance.
  
• USD/NOK trades 0.2 percent lower at 9.0927, having touched a low of 9.0910 earlier, its lowest since November 18.
  
• Momentum indicators are bearish: RSI weak at 42.97, MACD supports downside and Stoch are biased lower.
  
• Immediate resistance is located at 9.1234, and close above could take it till 9.1377 (5-DMA).
  
• On the downside, support is around 9.0835, break below could take it till 9.0749.

Recommendation: Good to sell on rallies around 9.1116, with stop loss at 9.1234 and target price of 9.0835.