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Trouble brews on the horizon, however, as the continuing fallout from the Huawei saga takes its toll on sentiment. With fresh moves likely in the standoff between Washington and Beijing in early 2019, there could be volatility in the markets creating opportunities for traders.
Bank Indonesia (BI) announced on Tuesday that the foreign exchange reserve increased to US$120.7 billion in December from $117.2 billion the previous month.
Today technical analysis Eur/Gbp is buy
Resistance and supporting level is:
Resistance level first: 0.8989
Resistance level 2nd : 0.8999
Resistance level 3rd: 0.9009
Supporting level first: 0.8969
Supporting level 2nd: 0.8959
Supporting level 3rd:0.8949
Pair is :Eur/Gbp
Today trend is : buy
today resistance and supporting level is:
Resistance is :
1,Resistance level is :0.8993
2,Resistance level is : 0.9904
3,Resistance level is :0.8915
Support is :
1,Supporting level is :0.8949
2,Supporting level is :0.8939
3,Supporting level is :0.8918
The foreign exchange position is adequate to finance 6.7 months of import transactions and foreign debt payments," said the central bank in a statement on its official website.
BI added that the increase in the foreign exchange reserve would enable macroeconomic and financial stability and help defend the country's economy from external pressures.
The increase was made possible because of foreign exchange revenue from the oil and gas sector, the issuance of global bonds and the withdrawal of the government's foreign loans, it said, adding that it would have a positive impact on the country's economy.
As previously reported, the foreign exchange reserve declined to $114.8 billion in September from $117.9 million in August. The decline was triggered by various factors, including the need for BI to intervene in the market to protect the rupiah and to pay off foreign debt.
Eur/gpb Ki Aj Market Up Ki Tarf Ho Rahiii Hai And
Mujhe Lagta Hai Aj Market Up Tarf He Hogii
Tw Main Yah Kahun Ga Humay Yahan Se Sell ki Chal Laga Denii Chay
Main Umeed Krta Hun Ap Humarii es Ray Par pora Utry Gan
Good Luck
Current Rate:0.89750
Today eur/gbp current rate : 0.89733
Today by observing all the routine of the market carefully i have come to know that the most
suitable and the most profitable selling poitn will be 0.89652
and today the most profitable buy point will be 0.89879
I hope you will follow my signals
good luck