Today Norges Bank announced it will buy NOK 250mn/day in October, first time since 2000.
When it comes to EURNOK, if the pair manages to break and close below earlier support level around 8.14-8.1350, we should in near future see a new retest of the lows around 8.10. The next level is 8.00. On the upside we have now establised great resistance at 8.20 and 8.30
When it comes to EURNOK, if the pair manages to break and close below earlier support level around 8.14-8.1350, we should in near future see a new retest of the lows around 8.10. The next level is 8.00. On the upside we have now establised great resistance at 8.20 and 8.30
