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
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.