| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Buy | Sell | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇑ |
After the previously drawn channel pattern was broken, a broader looks was made on the USD/NOK currency exchange rate's charts.
It was noticed that the pair is trading in a long term descending channel pattern and a medium scale descending pattern, which represents the junior move in the dominant pattern's borders.
Meanwhile, the pair has been surging during the past 24 hours in a short term ascending pattern that is heading to a resistance cluster near the 8.16 mark. The resistance cluster is made up of the medium patterns upper trend line and a monthly pivot point. Moreover, it is likely going to be joined by the 100-hour simple moving average.