Published: 2026-05-13T06:33:32.000Z
Chart NOK/SEK Update: Extending gains
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Break of the parity level has seen extension to retest the the May 2024 high at 1.0135
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.0350 | * | 61.8% 2022/2025 fall | S1 | 1.0000 | ** | parity | |
| R3 | 1.0300 | * | congestion | S2 | .9900 | * | congestion | |
| R2 | 1.0200/20 | * | congestion, Aug 2023 low | S3 | .9860 | * | 29 Apr low | |
| R1 | 1.0135 | ** | May 2024 year high | S4 | .9800 | * | congestion |
Asterisk denotes strength of level
06:25 GMT - Break of the parity level has seen extension to retest the the May 2024 high at 1.0135. Higher still, will further extend bullish gains from the .9100 January current year low towards resistance at the 1.0200/20 congestion area. However, overbought daily and weekly studies caution corrective pullback. Meanwhile, support is raised to the 1.0000 parity level which should underpin. Below here will ease the upside pressure and see room for deeper correction to retrace gains from the .9100 low to the .9900/.9860 support and .9800 congestion.