USDZAR oversold on daily, but no divergence yet. Time to buy?
USDZAR oversold on daily, but no divergence yet. Is it time to buy yet? With DXY at resistance zone with potentially a bit more up, I would definitely not sell at this point. 17.51 has been proven strong support for now. It might potentially pull back to 18.2 area before dropping to 17.26. Selling the pullback would be the preferred option imo.
DXY:
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Short target hit, switched long