Pakistani Rupee gaining strength against USD
USDPKR
Pakistani Rupees is getting strength against USD. Currently Trading at 160.200 supported by a rising trendline. Oscillators RSI, MACD and Momentum Indicators are Showing Negative Divergence at the weekly chart. Looking forward to shorting the pair as it breaks down the rising trendline below 159 with the stop loss of just above the region of resistance and will target for near 130s.
Short Sell @159
SL @162
TP @130
Pakistani Rupees is getting strength against USD. Currently Trading at 160.200 supported by a rising trendline. Oscillators RSI, MACD and Momentum Indicators are Showing Negative Divergence at the weekly chart. Looking forward to shorting the pair as it breaks down the rising trendline below 159 with the stop loss of just above the region of resistance and will target for near 130s.
Short Sell @159
SL @162
TP @130
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