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aibek
Apr 11, 2020 6:59 AM

USDKZT to hit between 474 and 485 Long

U.S. DOLLAR / KAZAKHSTANI TENGEICE

Description

This oil-related pair is going to complete the wave 4 down reaching minimum area of retracement at 38.2% Fibonacci of wave 3 at 430.
The next support is at 50% at 420.
I see the USDRUB should reverse soon so this pair then is going to follow.
The target for wave 5 is located within 474-485 range.

Comment

Update - follows USDRUB
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