USD/ZAR Bearish Markers for Downtrend Continuation

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

Then USD/ZAR is bearish and we can see the price moving down towards support levels.

If the market gets additional momentum we should see the price moving lower. The entry is 14.60 zone and the target is 14.29 followed by 13.75 in the case of a breakout. The price is breaking below yesterday’s low so we should see a move down. Selling is the option now.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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