Elliott Wave Analysis: USD/IRR

As long as USD/IRR stays in the bullish channel and can’t break key support level @3700, it is expected that wave b, which is in the form of triple zigzag, over time and along with cross-sectional fluctuations, will go toward the upper line of channel and a medium-term target @ 4500 (key support @3700,key resistance @4150).

USD/IRR

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