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Txnytradesfx

USDZAR LONG on a Geopolitical and Technical basis #ZAR

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
Txnytradesfx  
FX:USDZAR   U.S. Dollar / South African Rand
Technical Indicators Fundamental Analysis Beyond Technical Analysis usdzarlong USDZAR USD ZAR geopolitics
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indicator fundamental beyondta usdzarlong usdzar usd zar geopolitics
I have bought USDZAR. USDZAR
Civil unrest has erupted in South Africa after the arrest of former president Jacob Zuma.
The currency pair has been in a downtrend since April 2020 and has just broken the downward channel to the upside.
I prefer trades with such a confluence of factors working in their favor. Let's see how this plays out.

- Sure Capital
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