Trade Idea on USD/NOK
2019-11-24 21:30:50
Trade Idea on USD/NOK based on US-NO yields and rising wedge on the weekly. The Krone is usually in lockstep with USOIL, which I expect to drop early December (ARAMCO IPO holding it up and inventories showing lack of demand).
Target 8.95 demand zone. 200 pips, yes, please