USDZAR | Breakout Confirmed—Here We Go! Short

U.S. Dollar/South African RandFXCM

Description

⋅ Nov 23, 2022 7:55 AM

Breakout occurred on USDZAR which is likely to send the pair nosediving!

The pair has over 90% positive correlation with USDCAD which is also headed down.

Trade well and take care.

Comments

JoeChampion

⋅ Nov 23, 2022 9:38 AM

Yes definitely

dgoldiner

⋅ Nov 23, 2022 6:36 PM

do you not see support around 16.15?

MyFxPicks

⋅ Nov 23, 2022 10:24 PM

@dgoldiner, hi. it's about the significance not presence. keep well.