InvestingScope

USDNOK: Short on the 4H Lower High.

FX_IDC:USDNOK   U.S. DOLLAR / NORWEGIAN KRONE
The pair has made a Lower High on the 4H Channel Down. With 1D a Channel Down also on bearish stochastics (STOCH = 35.614, STOCHRSI = 35.614) it is more likely to get a decline now towards a Lower Low. Based on the -1.40% metric, we have a short TP = 8.52100.








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