DP_TRADING

USD/ZAR pointing downwards

Short
FX:USDZAR   U.S. Dollar / South African Rand
After hitting marked resistance level, price started consolidating and pointing towards downside.

I would expect some sort of pullback before entering this trend, but I would not enter before we get close below 50 moving average and black line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.