This pair broke above the long term resistance (yellow) last month.
EM currencies suffer a lot these days amid strong dollar and rising yields.
USDTHB could finish triangular consolidation soon.
The target for the further rise of USDTHB is set within the orange box at the 0.382-0.618 Fibonacci.
Wait if price could break above the triangle's upside.
EM currencies suffer a lot these days amid strong dollar and rising yields.
USDTHB could finish triangular consolidation soon.
The target for the further rise of USDTHB is set within the orange box at the 0.382-0.618 Fibonacci.
Wait if price could break above the triangle's upside.
Trade closed: target reached:
exceeded the preset target