USDTNGN - To drop to 630/$ then rise to 800, 900 & 950/$

PetrockFxTrading Updated   
BINANCE:USDTNGN   TetherUS / Nigerian Naira
#Nigerian Naira Rate (Update)

Day after day, the Nigerian currency is losing it’s value. Here is a weekly timeframe analysis. Based on technical analysis , Naira broke it’s major resistance at 630/$ to $710 and pullback is needed to gain momentum for the next run up.

Therefore I expect a fall to 630/dollar before a rise to new price target at 800, 850, 900, 950 per dollar.

Not a financial advice🙅🏼‍♂️
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Trade closed: target reached:
Target at 800, 900 per dollar hit. Thanks for the support!!


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