On the hourly chart, it came in the USD/NOK to an Overlap of 100 MA under the 200 MA.
Due to the time delay of the MA Overlaps each of the Signal need be evaluated. The current Signal shows on the USD/NOK hourly chart, the last High has a relatively small distance to the SMA Overlap. This applies to traders as a technical Hotspot, while you wait on a marginal rally. There is also the risk of an outbreak on the 200 SMA and beyond.
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