Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 6.1332

USDNOK recent price development from the last 3 to 6 months will reveal that the pair seem to react at fibonacci fan lines level. If we watch closely the chart below we can see the pair trading between fan lines levels finding resistance and support at these specific levels. After the pair broke down 61.00% fan line …
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