A very interesting pair to short based on a fundamental story and a technical set-up.
The fundamentals favor NOK going forward in terms of growth and yield. NOK is effected by OIL, so this simplistic picture is a bit distorted.
Looking at the chart, a small short just under 61.8% (9.9550) or a watch at 9.5622 for a short, might make a short-term trade, which could snowball into something else. 3 hour: 1 hour:
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Daily:
1 HOUR: Better risk /reward than previous day to add short. I don't know exactly where, but below the 50 moving average. If it surpasses the 50 after this large "push" down on the 1 hour, then I will throw in the towel, and maybe next time: