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Kwanza Currency (AOA) Heading for a correction after a 65% rise

Short
ANGOLAN KWANZA / U.S. DOLLAR (FX_IDC:AOAUSD)  
ankhramsiswmriimn  
FX_IDC:AOAUSD   ANGOLAN KWANZA / U.S. DOLLAR
Technical Indicators Wave Analysis Fundamental Analysis kwanza AOAUSD
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indicator waveanalysis fundamental kwanza aoausd
The kwanza is heavily dependent the price of oil, it was the best performing currency against the dollar since 2020 (due to the rise on the price of oil), according to Bloomberg. It's now due for a correction of Wave 3 of this Wave 4 (ABC correction probably).
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