UnknownUnicorn13086959

USDZAR ANALISYS - (09/03/2021)

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FX:USDZAR   Dolar A.S. / Rand Afrika Selatan
USDZAR 1H

Possible entry into purchase or sale, we will have to see how the pair reacts to the trendline that supports it.

The price has touched a resistance that was previously respected 2 times, and now it has respected it again, so we will have to see the price reaction to that touch in the resistance before looking for positions

We would look for a purchase in the event that we see that the price respects the trendline and gives us a candle pattern, in a timeframe of 1h.

We would look for a sale in case the price breaks the trendline and makes a pullback, in that case we would enter after it gave us a candle pattern.
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