Currently the dollar has hit it's all time low coming into this month after coming out of a huge reversal.
Currently in a consolidation, which will repeat itself evident by the strong support and resistance that is showing from the dollar.
If you have any opinions on the charts do comment.
Disclaimer: Understand that investing in any financial market is a...
The short term bear setup is almost established insha Allah.
The price action has touched the resistance of pennant and now the trend changing spin candles are appeared.
The stochastic is overbought favoring the bear setup.
The directional movement and ADX is also bearish.
I am expecting the AUDPKR at 97.80.
Regards,
Atif Akbar
