USDNOK-BUY strategy

١٢ يوليو ٢٠٢٣

Both the daily chart and the 4-hourly chart suggest that we are oversold and in danger of a sharp correction. Yes, oil is firm and that underpins the pair. However, moves are overdone and we should see corrective action.

Strategy BUY current @ 10.31-10.33 for a profit move to 10.4750 for now.