16 January 2009

Eur/Nok below the 9.31 level, but I take profit on my long Nok/Sek.

Eur/Nok has gone through the 9.31 level, which was an important one. However, I am not convinced that this is it on a closing basis. 1.17 in Nok/Sek is also a hard level to break.
The long Nok/Sek case still stands however. I will buy dips from here, alternatively a clear break higher of 1.17. Watch the close.









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