• EUR/NOK is currently trading at 9.3782 levels.
     
  • It made intraday high at 9.3927 and low at 9.3523 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close below key support 9.3382 level will drag the parity down towards key supports at 9.3180, 9.2861, 9.2670, 9.24 and 9.16 marks respectively.
     
  • Initial resistance levels are seen at 9.3862, 9.3896, 9.3939, 9.4296 and 9.4495 levels.
     
  • On the other side, key support levels are seen at 9.2353, 9.1686 and 9.1615 marks.

We prefer to take long position in EUR/NOK around 9.37, stop loss 9.3453 and target 9.3939 levels.

The material has been provided by InstaForex Company – www.instaforex.com