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FxWirePro GBP/NZD drops on dovish BoE comments, more downside expected 
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FxWirePro- Crude oil Daily Outlook 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/NZD beginning to trend higher but hurdle ahead 
- The Norwegian Krone eased, retreating from a 2-week peak as oil prices eased from multi-week peaks.
- U.S. oil prices declined from 2-1/2-month highs amid concerns about the damage being done to global demand by the U.S.-China trade war.
- USD/NOK trades 0.1 percent higher at 9.1328, having touched a low of 9.1200 on Friday, its lowest since November 22.
- On Friday, the pair found strong support at 55-EMA, to close 0.2 percent down at 9.1159.
- Momentum indicators are bullish on hourly charts: RSI strong at 54.17, Stoch are biased higher and MACD supports upside.
- Immediate resistance is located at 9.1489 (21-DMA), and close above could take it till 9.1638 (10-DMA).
- On the downside, support is around 9.1119 (55-EMA), break below could take it till 9.0904.
Recommendation: Good to buy on dips around 9.1234, with stop loss at 9.1119 and target price of 9.1489
