We have been looking at scenarios with the USD and in particular vs HIGH BETA. Now we see a potential BREAK HIGHER in USDNOK.

This opens the possibility of BUYING THIS CROSS NOW with a STOP at the break level, for a potential extension (wave 3 always the longest) to 9.60+

These calls are were we allocate only 1 UNIT of risk, the have CONVEXITY, risk 1 unit to make 10.

We will look on Sunday PM at the open.