ToTheMun

USDMUR setting itself for a bounce

Long
FX_IDC:USDMUR   U.S. DOLLAR / MAURITIAN RUPEE
With the upcoming bounce in Tourism and upcoming military talks between Mauritius and the UK, we expect a bounce in the USDMUR pair. The Bank of Mauritius, the BOM, has also stopped selling some of its USD reserves.

That and more foreign inventory buying by local companies will accelerate the rise of USDMUR.


Look, I am not saying it will rise right now, you will need to have patience but those two key supports should hold!

Let's see!!!
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.