USD/NOK remains in a narrow trading range caught

The USD/NOK hour chart is not just informative: it is missing the Pair to a direction and volatility.

The 50 SMA is moving between the 200 – and 800-SMA, what is the trend of lack of shows. The ADX is below 30, which also speaks for a sideways movement.

The prospects for the formation of triangles, rectangles and flags. Traders should watch for divergences between the oscillator and the price.

Leave a Reply