If we look at EUR/NOK weekly chart in my opinion there are few key levels. First 10 mark which was broken very shortly back in end of 2008. When another level 9.15 which was attacked back in June – July, 2009 and 8.55 at which rate was at the end of 2009. After these key levels were set while rate descended throughout years and started to gain only at the beginning of year 2013. All these considerations could be seen in weekly chart below.
EUR/NOK challenged 8.55 mark firstly some months ago but…
EUR/NOK challenged 8.55 mark firstly some months ago but…