FXstreet.com (Barcelona) - The Norwegian krone posted no reaction after the jobless rate in the Nordic economy ticked higher to 3.2% during October, above September’s 3.1%. The NOK is thus remaining in the 7.3160 region, following its fellow neighbour SEK and retracing some of the NOK weakness seen last Friday.
EUR/NOK is now losing 0.30% at 7.3165
Next support levels are located at 7.2802 (low Jan.4) ahead of 7.2677 (low Aug.31) and 7.2600 (low Aug.28).
On the flip side, a break above 7.3575 (MA30d) would bring 7.4200 (high Dec.19) and finally 7.4385 (MA200d).