USDNOK Exiting channel, further weakness is expected.
The pair has been trading inside of a rising channel since June 2015.
Price is now showing weaknes after exiting the channel.
Price is showing more and more signs of selling pressure at this point.
First target is the 8.05 mark, that area has alot of price history.
Stops above the monthly pivot at 8.61 area.
Price is now showing weaknes after exiting the channel.
Price is showing more and more signs of selling pressure at this point.
First target is the 8.05 mark, that area has alot of price history.
Stops above the monthly pivot at 8.61 area.