Atareum-ir

Long Term analysis of USDT/IRR, Seems to have a drop

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FX_IDC:USDIRR   U.S. DOLLAR / IRANIAN RIAL


We have a very bad political issue in Iran and it seems the technical chart of USDT/IRR show something in long term pattern.
According to chart we see a long term ascending wedge in chart which is combined with negative regular divergence which lead to a bearish market.
Maybe something must happen to see this collapse and such a power for IRR.

Think about 6 to 12 month ahead of you!

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