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15 Aug 2016
EUR/NOK 4 hour RSI allowing a rally
EUR/NOK could find itself on the verge of a near term move to the upside.
A potential bullish swing failure in the RSI(14) during the last couple days tilted the risk to the upside for the this currency pair. If bulls are able to secure this level, then RSI could roll up above the 50% in the next hours.
A potential bullish swing failure in the RSI(14) during the last couple days tilted the risk to the upside for the this currency pair. If bulls are able to secure this level, then RSI could roll up above the 50% in the next hours.