Am not 100% sure of this idea but seeing the selloffs, the First Liquidity Area on the weekly is around 26600 Let's watch and monitor weekly or I might do it Monthly.
We shall a retest of liquidity as the market figures whether to pump or dump this ponzi.
With the upcoming bounce in Tourism and upcoming military talks between Mauritius and the UK, we expect a bounce in the USDMUR pair. The Bank of Mauritius, the BOM, has also stopped selling some of its USD reserves. That and more foreign inventory buying by local companies will accelerate the rise of USDMUR. Look, I am not saying it will rise right now, you...