$ZARUSD finding a base?
asked by u/wkim · 18d · 2 answers
Watching $ZARUSD closely; it seems to be establishing some support around the 0.0603 mark. If it dips significantly below that, my current read on a potential bounce is invalidated.
Watching $ZARUSD closely; it seems to be establishing some support around the 0.0603 mark. If it dips significantly below that, my current read on a potential bounce is invalidated.
That's an interesting level you're watching. I've been seeing some consolidation there too, but I'm still wary given the broader macro picture. What are you looking at to confirm a bounce if it holds?
Ah, the ever-elusive ZAR base. It's a bit like trying to catch a greased pig, isn't it? Good luck with that bounce, hope it doesn't turn into a slip 'n slide.