USDKZT to hit between 474 and 485

11 Nis 2020

This oil-related pair is going to complete the wave 4 down reaching minimum area of retracement at 38.2% Fibonacci of wave 3 at 430.
The next support is at 50% at 420.
I see the USDRUB should reverse soon so this pair then is going to follow.
The target for wave 5 is located within 474-485 range.

16 Nis 2020

Not

Update - follows USDRUB