USD/ZAR (The overdue pullback is here)

View On USDZAR (6 June 2023)

USDZAR is in
* Down in short term (Intraweek)
* UPtrend in Mid term (Intramonth)
* UPtrend in Long term (Last 3 months)


USDZAR is in the strong up trend in recent months/year and it shall be about to change for now.
I am expecting some pull back in USDZAR and it might be better to stay in the Short side for a while.

18.2~18.5 will be a nice support region.

DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

Legal Risk Disclosure:
Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

Комментарий:

Updated View on in USDZAR (9 June 2023)

Big win in USDZAR so far.

Our expected TP (18.2~18.5) shall reach soon.

Комментарий:

Updated View on in USDZAR (9 June 2023)

Our target level is HIT.
Take profit and wait for the next wave.