- Pair is currently trading at 9.4000 levels.
- It made intraday high at 9.4355 and low at 9.3786 levels.
- Intraday bias remains bullish till the time pair holds key support level at 9.3786.
- A daily close below key support level will turn bias bearish and drag the parity around 9.1558 marks.
- Alternatively, a break of 9.4656 is required to confirm the bullish trend.
We prefer to take long position in EUR/NOK around 9.40, stop loss 9.3786 and target 9.6185 levels.
