We can see on the daily chart that bulls tried to push price up today but failed.
Bears seem to be in control as USDNOK looks to make a further move to the down side.
Stop loss set above the pin, and risk to reward target is 1.5
Simple price action and analysis!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.