The previous analysis was carried out by the movement of the exchange rate. He has reached the bottom of his correction level. No further reduction is expected. I assume a turn from 5,83usd level. In the beginning, I expect a weak rise, and then a stronger double wave recovery. The target price is 7.04 usd.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.