Published: 2026-06-26T05:32:37.000Z
Chart EUR/NOK Update: Extending gains
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Break above 11.2000 Fibonacci level see prices extending strong gains from the 10.7000 May current year low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 11.4000 | ** | Jun 2025 low | S1 | 11.1500 | congestion | ||
| R3 | 11.3500 | * | 50% Dec/May fall | S2 | 11.0000 | * | congestion | |
| R2 | 11.3000 | ** | congestion | S3 | 11.0500 | * | 23 Jun low | |
| R1 | 11.2500 | congestion | S4 | 11.0000 | ** | figure, congestion |
Asterisk denotes strength of level
05:30 GMT - Break above 11.2000 Fibonacci level see prices extending strong gains from the 10.7000 May current year low. Gains see prices unwinding oversold daily and weekly studies and higher will see room to extend corrective gains to resistance at the 11.2500/11.3000 congestion. Would expect reaction at the latter as prices stretches into overbought areas. Meanwhile, support is raised to the 11.1500 congestion. Below here will open up room for deeper pullback to support at the 11.0000/11.0500 area and 11.0000 figure.