U.S. DOLLAR / UKRAINIAN HRYVNIA USDUAH

After Chocolate King has lost few boates in Azov Sea UAH started rising. That's my satirical analysis of UAH Chart.

Resistance 28.5 Target 34 and 42 Support 24.5 23.2 20

USD/UAH chanell

USDUAH

nuff said

The price have strong resistance at ±28.5,every time when the price reach this target it goes down immediately. We see clear hidden divergence with MACD indicator. USD/UAH going down to 26 at least. Stoploss you can put at 29 usd/uah. In case of rise higher 29 (with massive volume only) and close weekly candle above this price, I will update trade idea. Good Luck

Taking into account the fact that the world economy will suffer in a few years I expect some kind of this movement to appear on USD/UAH . There are a lot of variants since Elliott's Wave Theory is just a theory , but this one is my main

USDUAH

Everyone is expecting UAH trades higher. Buy majority cant win 'cause majority always lose.

Due to the potential explosive situation in Syria, Russia might come back to haunt the Ukranians and take more territory. On the technical side of things we see a possible rejection of the Bearish MACD crossover on the Daily chart. To be watched, this might surge.

Short in Aug. Long in Jan

buy in August, sell in January

Uahuad

USDUAH

USDUAH shoul be at 30 in the end of 2017

Scenario #2

Scenario #1

And for the growth of the dollar , the hryvnia will fall