- USD/NOK trades 0.2 percent up at 8.7224, having touched a high of 8.7318 in the prior session, its highest since June 19.
- On Friday, the pair closed above the 8.6960 level, indicating further bullish momentum.
- RSI is still strong at 61.10, MACD supports uptrend. Stochs are biased higher, but likely to rollover from overbought levels.
- Immediate resistance is around 8.7369 (June 17 High), any close above 8.7594 (June 18 High) could see reversal in trend.
- On the downside, support is located at 8.6991 (May 7 Low) and any violation below could take it till 8.6604 (5-DMA).
Recommendation: Good to buy on dips around 8.7000, with stop loss at 8.6604 and target price of 8.7594.


FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD bears maintain upper hand
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



