Free Trial

USDNOK breaks resistance

USD
  • Although not the worst performers in G10s against the Dollar, with AUD and NZD still leading in that sense, the Scandies are also under pressure today.
  • The NOK hits fresh lows against the EUR and the USD, and USDNOK has broken the initial level at 10.9133.
  • Further out, sees 10.9744, the 76.4% retrace of the May/July fall.
  • Next resistance in EURNOK is at 11.4930.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.