Norway's GDP readings have come in better than expected. Y/Y @ 3.9% and Q/Q @ 0.3% up from 1.1% and -0.2% respectively and both beating estimates.
On H4 charts, the retracement to 5.96074 looks like a prime target to short from targeting 5.83130 (for now).
Alternatively, wait for the resistance to be confirmed at 5.96 and sell at the most recent lows in the run up.
On H4 charts, the retracement to 5.96074 looks like a prime target to short from targeting 5.83130 (for now).
Alternatively, wait for the resistance to be confirmed at 5.96 and sell at the most recent lows in the run up.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.