Long EURNOK Euro / Norwegian KroneCAPITALCOM:EURNOKdiegomurphyvOil prices have declined after the U.S. and Iran extended the pause in military strikes. Given Norway's strong exposure to oil exports, this should weigh on the Norwegian krone. However, EURNOK has yet to fully reflect the decline in crude prices, presenting a potential long opportunity. Key risk: Any renewed attacks or escalation in the Middle East could trigger a sharp rebound in oil prices, strengthening the NOK and putting downward pressure on EURNOK. NOT INVESTMENT ADVISE!