17:00 (GMT) 01 Feb
[Forex Charts]
01 Feb EUR/NOK Daily
16::50 GMT - Stall around 9.40~ has continues to offer upside opportunity- the market has managed another rally back off the sloping bracket floor (Fri.'s- & therefore last month's- low just held this am., in fact.) Now 9.50-3 Is resistance/ offers shorts on Tues. Persistence above 9.53~ required to break this phase. [NR]
R5: 9.65~ * Jan high volm
R4: 9.58~ * fr Aug-15 highs
R3: 9.5335 last week high
R2: 9.5055 * 14-Jan low
R1: 9.5002 Fri high
S1: 9.3735 Fri low
S2: 9.261 7-Dec low
S3: 9.2315 1-Dec high
S4: 9.13~ * Sep-15 low. 3-Dec low
S5: 9.084 ** 2-Dec low
