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2 Aug 2016
USD/NOK accomplishes and closes below key SMA
There is a downside risk in USD/NOK implied by a rate cross below the 200-period SMA on a 4hr resolution.
Having traded above the key moving average for over 15 trading days at least, the signal should open the gates for move towards the 800-SMA.
Having traded above the key moving average for over 15 trading days at least, the signal should open the gates for move towards the 800-SMA.