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USDNOK 13 Jun 2024

USDNOK 13 Jun 2024 On the weekly timeframe, USDNOK remains within the R1 and R2 ranges, with no significant movement capable of bringing the pair up to break R2 or down past R1. At the moment, USDNOK is inside a kumo after experiencing a trend reversal to bearish, with a price position of 10.59073. The moving average on the stochastic chart is also around the 50 level, indicating no clear signal of further movement. This situation reflects market uncertainty, and traders should remain vigilant and wait for further confirmation before making trading decisions.

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