Hryvnia is forming an inverse head and shoulders and is heading to the neckline at 25, where there is a lot of resistance. But a break above 25 will send the price to the inverse H&S target at 26.7. This will be around October which will be reasonable because the Hryvnia historically weakens in winter.
Price is above the cloud for the first time since 2018, which is a significant change in trend.
Price is above the cloud for the first time since 2018, which is a significant change in trend.