The exchange rate may change to a steeper climb. Based on two factors, this conclusion can be drawn. The first is the ATR of the exchange rate nearly twice the value of the previous week (this was not reflected in the exchange rate itself). The second is that it has arrived in a rate field where higher traffic is expected. The axis of the ATR (purple line) is steeper. We will be awaiting testing on this axis. The exchange rate may rise to a double wave structure. The first wave structure up to 8.68 usd levels and after correction, the second wave structure may rise to 10.56 usd.
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