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2A. Using daily close data from the last 5 years, plot the exchange rate on a line graph, and indicate TWO specific points on

Example chart: Daily data past 5 years AUD/USD 12 ро 8 Point 2 I Ex rate 6 1 4 Point 1 2 0 1 2 3 4 5 6 8 9 10 11 12 13 Date

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Answer #1

Exchange rate: Indian rupees per USD

The trend changes when the exchange rate is too low (shown by a downward arrow), and the exchange rate is too high (shown by an upward arrow).

A B C D E F G H J 1 Date Exchange rates 75 2 05-Feb Exchange rates 3 06-Feb 81 83 4 07-Feb 08-Feb 100 90 5 77 6 09-Feb 74 80

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