Chart Of The Day: USD/NOK

continued to stay in the descending channel. Risk is increasing for a break higher above the 8.6000 channel resistance, but more importantly the 8.6400 previous support from the August 2020 level. A break above that level could squeeze back towards the 8.8900 resistance and beyond. The divergent RSI is suggesting this is possible.

USD/NOK Daily Chart.
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