USDNOK is reversing lower
USDNOK is breaking below the strong near-term resistance 8.45oo for a complete reversal lower. This break can lead to a downside key long-term resistance test 8.3000. A break above 8.55 is now required for the invalidation of an extreme downside extension long-term. If we see a breakout below 8.3000 it will mean that USDNOK has completely reversed the long-term uptrend in resistance from 2013.
Note: look for the short trade entries with the stop loss above 8.5000
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