FX trends on a daily basis (FOCUS: EUR/NOK)



The couple has not clearly a potential resistance around 7.48 before a decline yesterday. This decline may extend to 7.40 and 7,3550 (short dips MCF) in the short term before a return to the bottom of the latter. A break above 7,4770 would invalidate this scenario and would promote an extension of the resumption to 7,6250 and 7,5650. Short - Stoploss @ 7,4805 - target @ 7.28.

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categoriesTechnical analysis | January 23, 2013 |


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