peterbokma

USDNOK-BUY strategy Daily chart

Long
FX:USDNOK   U.S. Dollar/Norwegian Krone
Same issue as with the USDZAR pair. We have a wide range to trade within, but now we are positive stochastic and RSI and makes the case stronger for move to 10.3700.

Strategy BUY @ 10.05-10.15 and place stop-loss belo0w 9.9150. The profit order @ 10.3575 for now. Keep in mind we have strong resistance 10.2150 and need to be overcome. Overall, we will see north, is my personal view.

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