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- EUR/NOK is currently trading at 9.3714 levels.
- It made intraday high at 9.3772 and low at 9.3370 levels.
- Intraday bias remains neutral for the moment but upside likely to be limited.
- A daily close below key support 9.30 level will drag the parity down towards key supports at 9.29, 9.2619, 9.2420, 9.2350 and 9.1513 marks respectively.
- Initial resistance levels are seen at 9.3772, 9.3862, 9.3896, 9.3939 and 9.4031 levels.
We prefer to take short position in EUR/NOK around 9.3800, stop loss 9.4031 and target 9.3471/ 9.3246 marks.
