• The Norwegian Krone plunged to a 3-1/2 week low after a Reuters poll showed Nordic nations face some of their worst economic downturns on record this year as the coronavirus pandemic shuts down many businesses. 
   
• Norway’s economy is expected to shrink 3.6 percent, the biggest drop since the 1940s.
   
• The selling pressure around the Norwegian currency intensified as U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut. 
   
• USD/NOK trades 1.6 percent up at 10.6100, having touched a high of 10.6875 earlier, its highest March 27. 
   
• Immediate resistance is located at 10.7000, and close above could take it till 10.7287.
   
• On the downside, support is around 10.3910, break below could take it till 10.3676 (20-EMA).