KangeloFxGroup

14 Jun 2021 - USDZAR Overview

Short
OANDA:USDZAR   U.S. Dollar / South African Rand
With all the negative fundamentals in the United States, the RAND has benefited extensively these past few weeks trading below R14,00 level. We still observe bearish momentum and the trendline not being broken. Although we face minor pullback to 13,94 as the next level of retest. We will consider sells at that zone and more confirmation of sell moves.
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