The exchange rate can produce a triple downward wave structure. In this case a peak axis resistance level or a 25-50-75 step determines the wave structure levels. The target price for the third wave structure may be close to 0.700 usd. This could be a long way from entering this level. If the theory is correct, then the upward exchange rate target price may reach 30 usd levels. up to 4000% yield.
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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.