Massive resistance area approaching

Euro / Norwegian Krone (FX:EURNOK)

Updated

FX:EURNOK Euro / Norwegian Krone

The EURNOK is approaching a huge resistance area. Price hasn't broken this area since this time last year. I will definitely be watching this for either a long or short. Waiting for price action to confirm!

Comment:

We had a very weak BUOB close today, I won't be entering any trades just yet. If the BUOB had closed strong above Friday's bar then I may have gotten in long.

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