USDNOK | HIGH PROBABILITY SETUP WITH USD STRENGTH

2020-01-10 02:55:46

Hello,

We see a nice trend developing towards the upside this is due to the USD getting stronger, regaining power and pushing against other currencies.

Recently USD was weak for a month straight, but the time has come for the USD to pick up and it shows, I believe the pair will at reach 8.95 zone and more!

It is also breaking our 200MA line on the daily timeframe with a Fibonacci confirmation, I left some of the analysis out, to not over complicate chart for you guys.