Dólar EUA/Rand Sul-africano
Viés de baixa

USDZAR analysis with the rand to strengthen to R15.90?

164
Right off the bat, I normally get short analyses wrong with USD/ZAR.

But the system is the system, so I have to keep to the rules.

Since the trade hit my first target at R18.90, it's been forming an Inverse Cup and Handle.

Now the price has broken below, which means the USD is likely to weaken from here.

The indicators however are conflicted.
7>21 (about to cross)
Price >200 - But the price could also drop below it entering a downtrend
RSI<50
Target 1 for this analysis is an absurd R15.90.

Let's see how this plays out. For argument sake, I hope it's right this time. Paying 27 US Dollars for 2 Prime cans was not the best investment of my life. And I know, I got ripped off!

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.