USD/KZTU.S. DOLLAR / KAZAKHSTANI TENGEFX_IDC:USDKZTTJ-001In accordance with our forecast, USD/KZT, continued to decline and hit a low 498. It then briefly bounced higher before resuming its downtrend. Since the trend for the pair remains bearish, further decline toward the 490 area is possible - the levels seen in March of this year. Long-term trend: Down Resistance level: 522 Support level: 490, 505