• The Norwegian Krone nudged up as investors awaited Norway central bank interest rate decision due tomorrow.
   
• The Norges Bank cut its benchmark interest rate by 25 bps to a record low of 0 percent on May 7th 2020, its third straight cut in borrowing costs since March. 
   
• USD/NOK trades 0.1 percent lower at 9.5509, having touched a high of 9.8119 on Monday, its highest May 28. 
   
• On Tuesday, the pair fell below 200-DMA but retraced to close 0.3 percent higher at 9.5624.
   
• Immediate resistance is located at 9.6334 (20-EMA), close above could take it till 9.6983.
   
• On the downside, support is around 9.4911 (200-DMA),.break below could take it till 9.4243 (10-DMA).