USDZAR oversold on daily, but no divergence yet. Time to buy?

Short

U.S. Dollar / South African Rand (FX:USDZAR)

Updated

FX:USDZAR U.S. Dollar / South African Rand

Trend Analysis Harmonic Patterns Wave Analysis USDZAR

trendanalysis harmonicpatterns waveanalysis usdzar

USDZAR oversold on daily, but no divergence yet. Is it time to buy yet? With DXY at resistance zone with potentially a bit more up, I would definitely not sell at this point. 17.51 has been proven strong support for now. It might potentially pull back to 18.2 area before dropping to 17.26. Selling the pullback would be the preferred option imo.

DXY:

DXY hitting resistance zone, but will we see one more up?

Comment:

Short target hit, switched long

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