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.
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 one.https://www.tradingview.com/x/d5hZrBK6/
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.