justatrader

USDNOK Makes a Cup and Handle Formation

Long
FX:USDNOK   U.S. Dollar/Norwegian Krone
Missed seeing this early on. Price above 200 EMA, break out of the handle and the cup line. Look to buy the dips with a small buy order above today's high if price closes lower. Ideally, expecting to see a retracement to any of the Fib levels. Target, 6.67
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