US Dollar/Norwegian KroneViés de baixa
Possible range-trading in USDNOK
As the market has for some time now trading sideways/range mode, USDNOK should offer a nice exit from 8,60 level down to possible support around 8,40.
After the announcement from Brexit, USDNOK never managed to close and break resistance above 8,60 which now act as great barrier for the pair. In that matter, the risk/reward should be great for a short trade.
Trade setup. Short from 8,57-8,60. Stop if the pair closes above 8,61 on daily timeframe. Target 1 is 8,45 and target 2 is 8,40.
Play safe :)
After the announcement from Brexit, USDNOK never managed to close and break resistance above 8,60 which now act as great barrier for the pair. In that matter, the risk/reward should be great for a short trade.
Trade setup. Short from 8,57-8,60. Stop if the pair closes above 8,61 on daily timeframe. Target 1 is 8,45 and target 2 is 8,40.
Play safe :)
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.