USDNOK to 8.85?

5 apr 2022

When there's an impulse you can expect another impulse after the retracement. At USDNOK we can see that the retracement found support on the previous resistance (around 8.72, see blue box), so we can expect further continuation. Currently we have no entry yet, but we as soon as all checkbox are met, we'll create a setup and take the trade.