Take a look at the 4 hourly chart below on NOKSEK.
The double top created by last week's high and Monday's top led to a sharp decline but this downside was held - on a closing basis, by the Marabuzo line created at 1.1156.
That point has acted as a platform for fresh buying although we need to see a close above 1.1212 (another Marabuzo line, although less strong for obvious reasons) to confirm a stronger move higher.
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