FXstreet.com (Barcelona) - Choppy session for the Norwegian krone on Tuesday, after the Credit Indicator rose 7.1% during November, beating October’s +6.9%. This reading could play against the Norges Bank prospects of a future rate hike.
Continuing with the data, the Manufacturing Output in the Scandinavian economy has contracted only 0.1% in the same period vs. -0.3% prior, although the print was below estimates at +0.5%.

As of writing, EUR/NOK is up 0.01% at 7.3275 and a break above 7.3515 (high Jan.4) would expose 7.3585 (MA30d) and then 7.4200 (high Dec.19).
On the flip side, support levels lie at 7.2799 (low Jan.4) ahead of 7.2677 (low Aug.31) and finally 7.2600 (low Aug.28).