The exchange rate reached a US $ 6625 correction. My assumption is that from this level the movement of the exchange rate will turn north. The figure shows that the wave sequence tests the closing values of the PSAR indicator symmetrically. This is indicated by the yellow squares. The last backtest created a thinner square on both sides. Therefore, I expect the exchange rate to start a correction rise and to rise 23% from its current level. The target price is 8716usd.
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