Get started
Trad3r_16

USDZAR - A look at the bigger picture

U.S. Dollar / South African Rand (FX:USDZAR)  
Trad3r_16  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Parallel Channel Support and Resistance
2
0
trendanalysis parallelchannel supportandresistance
The ZAR has been trading in a fairly large and choppy range. There has been strong support at the 18.13 level and this morning we saw it breach 19 again. Should this weak trend continue, the levels to look out for are 19.20, 19.30, 19.63 and 19.92.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.