Thursday, January 30, 2014

USDNOK Breaks Above Key 6.2200 Channel Resistance

After consolidating for a little over 2 months, USDNOK finally broke above channel resistance around 6.2200 earlier today. This move comes a mere 24-hours after Norway announced their November Unemployment rate, which jumped to 3.5% vs. expectations for 3.3% (Oct. was revised higher to 3.4% from 3.3%) and the Fed



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