Wednesday’s Forex Levels

FX Levels and Comments for Wednesday

USD/NOK:

Of the 4 pairs we follow, NOK has the most clear technical pattern - on the short side. We will be quick to sell USD/NOK on a bad trade deficit number- which will allow USD/NOK for a break of 6.4700. We will look for a price target of 6.4420.

As always, feel free to send me your comments and
questions.

Dave