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Bearish print added to the EUR/NOK chart

The 100-hour SMA dips below the 200 SMA, leaving a key EUR/NOK spot level on the upside.

More [Pair] traders could be joining the bearish bandwagon upon this signal, while others might chose a less vulnerable commitment by expecting the price to rise minimally to the 200 SMA and only then targetting for lower levels. A close above this all-important SMA would negate its bearish implications.

USD/SEK momentum is supportive for attempt higher

USD/SEK momentum is supportive for attempt higher
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USD/JPY: Bulls supported by risk-on rally in Asian equities

The USD/JPY pair recovered entire losses from the previous session, with the bulls fighting back control amid ripening risk-sentiment, as the Asian stocks extend the risk-on rally.
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