Will usd cross 300 against pkr?

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BaileyBull
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Will usd cross 300 against pkr?

Post by BaileyBull » Wed Nov 23, 2022 10:37 am

Will usd cross 300 against pkr?

Will USD cross 300 against PKR?

Will USD cross 300 against PKR?

Will USD cross 300 against PKR?

Will USD cross 300 against PKR?

Will USD cross 300 against PKR?

Will USD cross 300 against PKR?

USD/PKR is expected to continue its uptrend and break the 300 resistance level. The upside target is at 340.

USD/PPR cross 300? No.

The US dollar index is based on a basket of currencies. The basket contains the USD, EUR, JPY, GBP and CAD. If you want to trade the USD/PPR cross, you have to look at the PPI data for the group of currencies that make up your basket. You can see this data here on our website in real-time.

US GDP grew by an average of 3% per year over the last five years. In other words, if you were to trade based on PPI changes alone, you would expect a rise in PPI over time. However, if you look at what's happening in terms of GDP growth rates across countries and regions then it's clear that some countries are growing faster than others - most notably China and India.

USD/PKR 1.09: USD has been trading in a range of 1.08-1.09, as the pair is in a consolidation phase.

On Tuesday, we saw a bull candle on the daily chart with price rising from 1.0868 to 1.0920 before falling back to 1.0880 where it is currently trading at the time of writing. The candle was bullish and had room to run before price broke out above the resistance level at 1.0920 which was tested and rejected twice before retesting again at 1.0940 where it failed to hold, suggesting that a follow through is likely this week or next week in terms of price action within this range

BaileyBull
Newbie
Posts: 7
Joined: Thu Sep 22, 2022 5:49 pm

Re: Will usd cross 300 against pkr?

Post by BaileyBull » Wed Nov 23, 2022 12:03 pm

The tool is very easy to use, just enter your Pakistani Rupees, and then click the Convert button so you can get USDtoPKR Dollar Rates updated on daily basis. The conversion will be automatic and you can see it in real time with a simple step.

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