Tue, 21 Jan 2014 15:12:22 GMT
USD/NOK 1H Chart: Ascending Triangle
The U.S Dollar– Norwegian Krone cross will be highly attractive for traders soon, as pair has reached an apex point– where pattern's resistance and support line crossing each other. Recently, the pair has breached pattern's lower boundary already, and while a majority of technical indicators are sending "buy" signals, pair's depreciation is expected. Vast majority (74%) of traders are holding