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Foreign Exchange Reserves - Weekly Analysis - 27-12-2025

  • Sarfaraz Ahmad

Primary Structure:   Bullish Double Three / Impulsive

Primary Trend: Bullish

Current Wave structure: Bullish Impulsive

Expectations: Technically speaking, the situation of foreign reserves shows positive signs. We have two possible counts, and both are bullish.  We have witnessed a running flat in the blue Wave "2," which is the strongest trend continuation pattern. Having said that, a strong rally may be expected after a pullback in the black wave  "2".
 Alternatively, the drop in blue wave "X" after completing the blue wave "W in three waves is sharp. We were looking for a reversal, and luckily it happened. More gains are expected after a minor consolidation. 
Previously & Alternatively  :