FX:USDZAR   U.S. Dollar / South African Rand
For demonstration and educational purposes only. As we study price action we see a flag and what appears to be a rejection on an attempt to rally/buy further. This could be the making of a swing trade. To be conservative, you can wait until this current weekly candle closes and revisit price action again.
Trade closed: target reached
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Hi Mrs Celeste do you have any updates on USDZAR pair?
mrsceleste BitxMaster
@BitxMaster, Hi there! I'd like to see how this week closes. Looking from a top down analysis we can see indecision on higher timeframe especially given wicks. Fundamentally I don't see the rand improving however. What are your thoughts?
Missed your charts..
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