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- EUR/NOK is currently trading at 9.2793 levels.
- It made intraday high at 9.2819 and low at 9.2581 levels.
- Norway’s trade balance data released with negative numbers at 9.1B m/m vs 9.5B m/m previous release.
- Intraday bias remains bullish till the time pair holds key support level at 9.2512.
- Alternatively, a sustained break below targets key support at 9.2096 levels.
- On the other side, reversal from key support will take the parity higher towards 9.3491 marks.
We prefer to take long position in EUR/NOK above 9.28, stop loss 9.2512 and target 9.3118/9.3491 levels.
