Wed, 12 Mar 2014 09:19:42 GMT
USD/NOK 1H Chart: Descending Triangle
Having reached a four-year high of 6.3146 early February, the U.S. Dollar commenced a retreat against the Norwegian Krone. A decline was steep, pushing the pair to a six-month low of 5.9542 during less than a month. However, the drop may be halted in the days to come as the pair managed to regain strength after diving below the lower