USDNOK has stalled around the 8.7860 level – which is the 61.8% Fibonacci retracement of the up leg from 8.4664 to 9.3036 – something also reflected by the flattening of the Kijun-sen line. The short-term oscillators reflect a recent weakening in negative territory, suggesting a pause in the bearish market. The MACD is standing below […]