05.01.2022
The overall trend is descending. The currency pair is traded in the descending price channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.
EUR/NOK rate online: monitor the price movement in real time.
Trading idea:
Buy starting from the support level 9.860 and the lower edge of the descending price channel.
Stop loss is below the mirror level 9.820.
Target levels: 9.975; 10.0940.
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