Tue, 20 Dec 2016 13:56:04 GMT
USD/NOK 4H Chart: Channel Up
The US Dollar is surging against the Norwegian Krona simultaneously in two ascending channels. The short term channel is a representation of the pairs rebound against the medium term channel's lower trend line. Meanwhile, on a larger scale the currency exchange rate is fluctuating in an almost horizontal channel, which is only slightly tilted to the downside. Most recently the