USD/ZAR (The overdue pullback is here)

View On USDZAR (6 June 2023)

USDZAR is in
* Down in short term (Intraweek)
* UPtrend in Mid term (Intramonth)
* UPtrend in Long term (Last 3 months)


USDZAR is in the strong up trend in recent months/year and it shall be about to change for now.
I am expecting some pull back in USDZAR and it might be better to stay in the Short side for a while.

18.2~18.5 will be a nice support region.

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Comment:

Updated View on in USDZAR (9 June 2023)

Big win in USDZAR so far.

Our expected TP (18.2~18.5) shall reach soon.

Comment:

Updated View on in USDZAR (9 June 2023)

Our target level is HIT.
Take profit and wait for the next wave.