Low risk high reward opportunity.
Long awaited pullback on USD/PKR occured last week which i see as a golden opportunity to add some buys. You may hear voices calling for 130 and even 120. But in my opinion we are gonna leave 160s and 150s level soon like we left 140s. So be prepared for the ride. The panic sells may cause some temporary dips but keeping in mind risk to reward ratio, only buy is an option at the moment. Dont get trapped with soaring forex reserves numbers when debt is rising at the larger pace. USD is going to be the best safe haven asset for investors all around the world in coming weeks. Im a buyer here at mentioned buy zone on the chart.
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