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- EUR/NOK is currently trading at 9.0969 levels.
- It made intraday high at 9.1015 and low at 9.0902 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 9.1463 marks.
- A sustained close below 9.0862 will test key supports at 9.0763, 9.0676, 9.0382 and 9.0143 levels respectively.
- On the other side, reversal from key support will take the parity higher towards 9.1463/9.1685/9.1956/9.2345/9.2630/9.2878/9.3491 marks.
- Norway will release core retail sales data at 0600 GMT.
We prefer to go short on EUR/NOK around 9.10 with stop loss at 9.1226 and target of 9.0862/9.0763/9.0676.
