DNP-FX

USDZAR 23rd NOVEMBER 2022

Short
OANDA:USDZAR   U.S. Dollar / South African Rand
Investors tend to be side-lined ahead of the minutes of the US central bank's (The Fed) FOMC meeting and the thanksgiving holiday. The weakening of the dollar was supported by the return of risk on sentiment.
USDZAR breakout daily support from bullish channel pattern. A bearish trend has the potential to occur in the next few days.
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