NOG decline is over…

NOG decline is over…


The exchange rate reached the end of the 3.5 usd correction level. Therefore we do not expect any further reduction. Since it has fallen from a fractal construction, it is probable that it will return. This can be preceded by a sideways and accumulation phase. These two levels are expected between 3.51-4 usd. From this band, after an upward outbreak, we expect a more significant and steeper rise with a target price of 6.62 usd.

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