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The decline in USD/ZAR is on
Information is not investment advice
USD/ZAR has recently breached down the support line from February lows. It also declined below the 50-, 100- and 200-day MA. The latter is currently providing resistance at 14.2256. The newly established downtrend is well visible on H4. USD/ZAR broke below the triangle - it’s a sign that the negative dynamics will continue. The near-term target lies at 14.1285 (May low). The next target is at 13.98 (61.8% Fibo).
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
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