EUR/NOK significant levels

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As of writing the cross is retreating 0.61% at 11.2872 and a drop below 10.9694 (55-day SMA) would open the door to 10.7963 (monthly low February 10) and finally 10.7238 (100-day SMA). On the upside, the next hurdle comes at 11.4820 (2023 high March 16) followed by 11.6965 (monthly high April 22 2020) and then 13.1492 (all-time high March 19 2020).

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