USDNOK break of a flip zone. Near major resistance.
USDNOK looking interesting here. We approached the major resistance zone of 9.00. Price stopped making higher lows and higher highs.
Just today, we broke below the previous swing (higher low) and also a support/flip zone with a nice strong red candle. It seems price has come up to retest and we may get our first confirmed lower high here which can also be seen on the 2 hour chart.
Target would be the important zone near 8.79-80.
Just today, we broke below the previous swing (higher low) and also a support/flip zone with a nice strong red candle. It seems price has come up to retest and we may get our first confirmed lower high here which can also be seen on the 2 hour chart.
Target would be the important zone near 8.79-80.