EURNOK Update
Euro vs Norwegian Krona, which is stronger?? The former which has gained headwinds from a weaker US dollar as a result of Omicron spread threatening global recovery, or the latter which is an oil linked currency which will gain strength from global reopening?
My Bet, the latter. My first TP from the December highs has been hit. A break below the 50 Day moving average puts the second TP within reaching distance.
My Bet, the latter. My first TP from the December highs has been hit. A break below the 50 Day moving average puts the second TP within reaching distance.
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