2019 2020 2021 USD/NOK Norwegian Krone rate Long term forecast, up to 11.54

Norwegian Krone attracts trader's attention. USD/NOK rate is breaking through a very meaningful level of 9.0. This could be a signal that USD/NOK will go higher in the long run. In that cast, the rate could go up to 11.54 or so.

The level of 9.8 could be a resistance, however, it is unlikely to be a big problem. I do not know what is going on there. What I can say is there seems to be someting and  people should be careful. USD/SEK and USD/DKK will follow USD/NOK.

[ USD/NOK rate monthly chart ]
USD/NOK Norwegian Krone rate Long term forecast, up to 11.54