Bullish correction USDZAR

Pembelian

Dollar A.S / Rand Afrika Selatan (FX:USDZAR)

Diupdate

FX:USDZAR Dollar A.S / Rand Afrika Selatan

Trend Analysis Beyond Technical Analysis

USDZAR 1 Hour Time Frame

1. Bullish divergence 1HR
2. Break of bullish flag

Daily time frame we have seen a pull back to support which price is currently trading on. Further to any news we should see USDZAR continue its Bullish momentum with first target at the Fibb levels on 1 hour time frame.

Komentar:

After failing to break resistance the pair has created a falling wedge pattern. Although there is divergence on the 1-hour bearish momentum could take this pair lower now.

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