If the motion north persists, the next target may lie at 111.48, where the weekly R1 is located at. The weekly PP stands at 110.99. On the other hand, a relaxation would prompt the exchange rate to test the weekly S1 located at 110.44.
If the motion north persists, the next target may lie at 111.48, where the weekly R1 is located at. The weekly PP stands at 110.99. On the other hand, a relaxation would prompt the exchange rate to test the weekly S1 located at 110.44.