There is the possibility that the IV wave ended in the range of 0.4560, and the price of the first uptrend finished in the range of 0.6813, also it seems the corrective movement ended in the range of 0.4850 with the Diagonal pattern. The confirmation of this scenario will be received when the price crossing the 0.6052 range. If the price crosses the range of 0.4560, this analysis will be violated, in this case the downtrend can be extended up to 0.42.
If we receive the confirmation for this analysis, we can consider the target of $ 2 for the uptrend.
If we receive the confirmation for this analysis, we can consider the target of $ 2 for the uptrend.
