USD/NOK made five waves up from 7.9843 lows, which suggest more upside after a three-wave pullback, which can currently be in play back to ideal 61,8% Fibo. retracement and previous wave iv that can test 8.0732 support level. There's also a chance that a three-wave pullback is completed, labelled as ALT. However, we remain bullish while it's trading above 7.9843 invalidation level.
USD/NOK, 4-Hour Chart