In this particular currency, it does not respond to technical guidelines, but to a distrust of the government. That is why there is no possibility that it reaches $ 20 (fibo does not apply to this asset)
fibonaccitrade
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Thanks for your comments.-
DaroLogames
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First TP could be...
2nd... seriously?
fibonaccitrade
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@DaroLogames, yes, the minimum price $ 20, is in the correction area of the weekly support line of up trend channel and in the 61.8 of Fibonacci.
Malatesta420
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@fibonaccitrade, TA does not apply here, fundamentals + manipulation leads forex trading in this 3rd world currencies
emarcelloni
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Hello! @fibonaccitrade, I agreed with @Malatesta420 I'm from Argentina and there is no way that USDARS come back to $20. Your analysis is correct but I think that not in this particular case.. Thanks for sharing :)
In this particular currency, it does not respond to technical guidelines, but to a distrust of the government. That is why there is no possibility that it reaches $ 20 (fibo does not apply to this asset)