Possible short in USDNOK

Since the recent high, the pair has found some great levels regarding both support and resistance. For now the resistance around 8.53-8.55 was rejected. If the pair closed below 8.4950 in 4H time frame, we should retest earlier lows around 8.40 and below.

While a close above 8.55 should attract the recent hights around 8.60 and above.