Hourly chart for January 2016 [ current : 8.7420 ]
Combining some Order Flow with Technical Analysis to obtain optimal trading levels and FX flows on USDvsNOK
Demand is seen for USD/NOK around 8.66 ; 8.63 followed by bids at 8.60 (This will be our risk tolerance if long)
Current price at the median is 8.875 [Target 1]
Target 2 is Supply zone up at 8.98 ; The pair will be considered slightly overbought above 9.0 in the short term.
Ichimoku levels suggest more momentum is needed for continuation of up-trend with price currentl[/Target]…
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