NVAX impulse wave is expected…


NVAX             impulse wave is expected. Based on W1 technical analysis , a very significant impulse wave may develop in the exchange rate. The pulse amplitude can reach 6 usd levels. As we have shaped our strategy for this impulse, we are moving along this. The correction of the resulting pulse wave correction is expected to be 5.66 usd. The yellow rectangular movement is lateral, followed by an increase. The second strong rising wave, albeit momentum, is far below the pulse wave characteristics. The acceleration of movement is indicated by the steeper ATR axis (purple line). The second target rate may be around 10 usd levels.

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