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30 Nov 2021 pukul 14.10

USDZAR | BULLS TIRED? 

OANDA:USDZAR240
USD/ZAROANDA

Huraian

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USDZAR | BULLS TIRED?

The bulls looks tired and taking correction in parallel channel.
They can either take support from parallel channel and continue making higher highs

Or the pair can break the channel and touch the recent low and bears take charge from there.

Key point highlighted on charts.

Trend AnalysisChart PatternsHarmonic PatternsUSDZARUSDZARusdzarshortusdzarlongForex
Komen
dgoldiner
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Pretty sure it's sentiment about omicron (for now not as bad as everyone thought) that's driving USD/ZAR, not the technical analysis. If cases/hospitalizations spike in Gauteng this week, do you really think anyone will care what the chart says?
Lebih