USDNOK: Short on the 4H Lower High.

The pair has made a Lower High on the 4H Channel Down. With 1D a Channel Down also on bearish stochastics (STOCH = 35.614, STOCHRSI = 35.614) it is more likely to get a decline now towards a Lower Low. Based on the -1.40% metric, we have a short TP = 8.52100.








** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.