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TradeTrio
Nov 30, 2021 2:10 PM
USDZAR | BULLS TIRED?
OANDA:USDZAR
240
USD/ZAR
OANDA
Description
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Nov 30, 2021 2:10 PM
USDZAR | BULLS TIRED?
The bulls looks tired and taking correction in parallel channel.
They can either take support from parallel channel and continue making higher highs
Or the pair can break the channel and touch the recent low and bears take charge from there.
Key point highlighted on charts.
Trend Analysis
Chart Patterns
Harmonic Patterns
USDZAR
USD
ZAR
usdzarshort
usdzarlong
Forex
Comments
dgoldiner
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Dec 1, 2021 2:00 AM
Pretty sure it's sentiment about omicron (for now not as bad as everyone thought) that's driving USD/ZAR, not the technical analysis. If cases/hospitalizations spike in Gauteng this week, do you really think anyone will care what the chart says?
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