USDZAR buy setup
USDZAR has been bullish these past 2 weeks and from that we see that price has been bearish this week from Monday to Thursday. From Thursday evening, Friday morning we have seen price increase in value and bounced from 16.77529 hinting that this could be the end of the retracement, from this point I do expect to see more bullish power incoming also inline with the buliish behaviour from the DXY, targets for this trade are the previous high and tp 2 at 17.41800
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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.