USD/PKR - Daily Analysis - 29-10-2023

Sarfaraz Ahmad
Oct 29, 2023

Primary Structure: Corrective Pullback

Primary Trend: Bearish / Sideways

Current Wave structure: Bearish Impulsive

Expectations: The recent drop somehow tells us that the long-lasting bull cycle has ended. Still, we need a daily close below 275 to define the top is in place. Five bearish waves will confirm the reversal. Better days are ahead.

Previously :

USD/PKR - Daily Analysis - 29-10-2023

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