Thu, 24 Apr 2014 06:43:04 GMT
USD/NOK 1H Chart: Broadening Rising Wedge
After a drop to a one-month low of 5.9126, USD/NOK reversed its trend and entered a bullish channel. The currency couple has been a subject to buying pressure for more than 190 hours; however, now there are some signs that the instrument is willing to end its winning streak. According to the SWFX numbers, market players are bearish on the