Marcelle_Nel

Nearing the critical support level for push back?

Long
FX_IDC:USDZAR   Dollar américain / Rand sud-africain
The MACD is nearing the upward cross of the MACD and signal lines. RSI just dipped below 30 today and the Fibonacci retracement .618 - .786 will likely give a support line to bounce up from. Perhaps the situation in America with all the riots may suppress the strength of the dollar a few more days / weeks. If this is the case I am looking for an even more pronounced bump back up. Watch this space and see how it unfolds.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.