FxWirePro: EUR/NOK Fails to fall Below 9.2127, Good to Buy on Dips

FxWirePro: EUR/NOK Fails to fall Below 9.2127, Good to Buy on Dips

20 April 2016, 12:18
Roberto Jacobs
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FxWirePro: EUR/NOK Fails to fall Below 9.2127, Good to Buy on Dips

  • EUR/NOK is currently trading at 9.2470 levels. 
  • It made intraday high at 9.2653 and low at 9.2121 levels. 
  • Intraday bias remains bullish till the time pair holds key support level at 9.2127. 
  • Alternatively, a sustained break below key support targets next level at 9.2050 levels. 
  • On the other side, reversal from key support will take the parity higher towards 9.3491 marks.We prefer to take long position in EUR/NOK above 9.24, stop loss 9.2121 and target 9.2878 levels.

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