Our clear technical analysis will help you navigate the USD to PKR exchange rate landscape. Learn about the patterns, junctures, and critical signs in this volatile currency pair to help you make wise decisions.
PKR against US dollar is resting on its support of 0.36 Fibb level. A close below he said level which is 283.0418 could lead to a further pull back down to 277 level approximately. Major ranges are still the same form previous 3 weeks.
On the daily you can see in the given chart that the smaller move inside the larger one is indicating a pull back down to 0.618 Fibb level which is at 280.7169. It will be important how does the price action deals with it.
