The Rand could go to new all time highs next week. USD/ZAR
The South African Rand to the U.S Dollar could very well go to all time highs next week (from a technical standpoint) If the MONTHLY RESISTANCE of 17.8 does not hold, It is vulnerable to a further bullish move.
Looking at a FIB extension on a MONTHLY chart.
Also a possible THREE MARCHING MEN CANDLE STICK FORMATION.
It is also very possible for the pair to bounce back at the RESISTANCE LINE of 17,8 so I'm watching this one like a hawk.
#USD/ZAR
#FOREX
Looking at a FIB extension on a MONTHLY chart.
Also a possible THREE MARCHING MEN CANDLE STICK FORMATION.
It is also very possible for the pair to bounce back at the RESISTANCE LINE of 17,8 so I'm watching this one like a hawk.
#USD/ZAR
#FOREX
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.
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.