Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries

Intraday Analysis from FXMarketAlerts.com

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Published at 04:17 (GMT)�22 Aug

USD-NOK
Limited above the 5.5000 level and more consolidation seen for now with support at 5.4500 and 5.4340. Higher low sought for further rally within the recent range. Above 5.5060 high to see room to retest 5.5805. [P.L]

EUR-NOK
Steady in consolidating below the 7.8740 high with high lows at 7.8440 and 7.8210 now support. Only under the latter to fade bull pressure and turn focus lower. Lift above 7.8740 high will scope to 7.9000 then 7.9180. [P.L]

USD-SEK
Corrective bounce staged last Friday fading with current strong setback from 6.4938 high and pressing towards 6.3426 support and break will expose the stronger level behind at 6.2848. [W.T]

EUR-SEK
Corrective strength seen last Friday faded with current setback from 9.2616 high and leaning towards 9.1573 support and break will increase downside pressure towards stronger support at 9.1108. [W.T]

Source: http://www.fxstreet.com/technical/market-view/fxmarketalerts/2011-08-22.v08.html

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