Weak Norwegian growth data pushing the usdnok higher towards key levels.
A look at the pitchfork:
- First level circled is .5 fib retrace 21/12 -> 1/2, and the 161.8% extension off the inverse H&S. R3 also in area
- Second and stronger level is the mid pitchfork line, the .618 retrace 21/12 -> 1/2, the 200DMA & the 200% extension off the inverse H&S. R4 also in area
A look at the pitchfork: