The USDNOK ,after a bounce by 10% from the minimum touched in Feb , could suffer a correction. In fact it is at the level of a static resistance and the oscillators ( RSI and Stochastic ) are in overbought at the moment .
In this case the pair could breach easily the first support provided by the Fibonacci retracement and t reach he the 50% level for Oct.
In this case the pair could breach easily the first support provided by the Fibonacci retracement and t reach he the 50% level for Oct.