FX.co ★ sabrina.fay | USD/ZAR
USD/ZAR
Hello traders, USD/ZAR I will add an important point right away: this is purely for intraday trading. In order for sellers to calm down today, the price needs to rise to 16.0957. Now, the old level of 16.2104 serves to fully break the southern campaign today and beyond, preparing the ground for a major correction. So, this aspect needs to be taken into account because sellers are clearly in control. Knowing the exit routes is crucial for any business, especially for investors and speculators. However, for now, there are no signs of a trend reversal, on the contrary, there are even hints that the dollar will decline in the near future. This is because Africa is starting to gain momentum outside the Western zone, which is a very crucial level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade