Hi Traders,

Today is USA Independence Day, 4th of July 2018.

Then we have massive US News on late Thrusday 5th July and NFP this Friday.

Let's take a look at USDNOK (US Dollar vs Norwegian Kronor) today.

As you can see from the attached Daily time frame chart, USDNOK declining since yesterday.

I expect USDNOK to continue to decline to the next Daily support level at 8.0000s where a test of the support will happen.

Currently I have a SELL position opened at 8.1148 with Stop Loss at 8.2100 and Target Profit at 8.0113.

Trade well traders.
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