Wed, 04 Jun 2014 08:37:33 GMT
EUR/NOK 4H Chart: Double Bottom
More than a one-month decline by EUR/NOK has become a part of the 106-bar long double bottom pattern. During the period of its weakness, the pair twice touched the mark of 8.0899, a six-month low. The second stab to this level provoked a jump that took EUR/NOK to the neck-line at 8.1781. For the last 20 hours, the pair has