Published: 2026-01-23T07:44:22.000Z
Chart NOK/SEK Update: Extend consolidation above .9100
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Little change, as prices extend consolidation above the .9100 level as daily studies unwind oversold readings
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .9330/50 | ** | congestion, Oct low | S1 | .9100 | * | congestion | |
| R3 | .9300 | ** | Aug low, congestion | S2 | .9065 | ** | Apr 2025 year low | |
| R2 | .9250 | * | congestion | S3 | .9000 | * | figure | |
| R1 | .9200 | * | congestion | S4 | .8900 | * | congestion |
Asterisk denotes strength of level
07:35 GMT - Little change, as prices extend consolidation above the .9100 level as daily studies unwind oversold readings. However, shallow bounce extend ranging action around the .9150 congestion. Resistance is at the .9200 and regaining this needed to open up room for stronger bounce to the .9250/.9300 area. Meanwhile, support is at the .9100 level and this extend to the .9065, April 2025 year low. This area is seen protecting the downside and only failure here will further extend losses from the 2022 year high to the .9000 figure.