EUR/NOK Intraday: The upside prevails as long as 10.3940 is support

Nov 4, 2026 6:00 AM

The upside prevails as long as 10.3940 is support, with 10.4404 and 10.4514 as targets

Our pivot point is at 10.3940.
Our preference:
The upside prevails as long as 10.3940 is support, with 10.4404 and 10.4514 as targets
Alternative scenario:
below 10.3940, expect 10.3755 and 10.3645.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 10.4044 and 10.3844).
Supports and resistances:
10.4624 *
10.4514 **
10.4404
10.4132 last
10.3940 **
10.3755 *
10.3645 **

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