For demonstration and educational purposes only. As we study price action we see a flag and what appears to be a rejection on an attempt to rally/buy further. This could be the making of a swing trade. To be conservative, you can wait until this current weekly candle closes and revisit price action again.
Hi Mrs Celeste do you have any updates on USDZAR pair?
mrsceleste
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@BitxMaster, Hi there! I'd like to see how this week closes. Looking from a top down analysis we can see indecision on higher timeframe especially given wicks. Fundamentally I don't see the rand improving however. What are your thoughts?