US Dollar vs. Norwegian Krone
Short

USDNOK - Post GDP Release

172
Norway's GDP readings have come in better than expected. Y/Y @ 3.9% and Q/Q @ 0.3% up from 1.1% and -0.2% respectively and both beating estimates.

On H4 charts, the retracement to 5.96074 looks like a prime target to short from targeting 5.83130 (for now).

Alternatively, wait for the resistance to be confirmed at 5.96 and sell at the most recent lows in the run up.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.