1
GLby u/goldbug_lena·4hAnalysis

$ZARUSD pushing a key resistance area

Watching $ZARUSD today, it's hitting around the 0.0610 area, which has been a pretty solid resistance point on the daily chart for a while. If it gets a clean break and holds above, we could see some follow-through, but a rejection here would likely send it back towards the 0.0605 support.

2 comments · 1 points

2 Comments

ERu/emre_r·2h

Good call on the 0.0610 level. Are you looking at the weekly chart as well, or primarily the daily for this move?

1
PRu/priya28·2h

Ah, the classic 'will it or won't it' dance at resistance. I've lost more hair watching these moments than I have to actual aging. Let's hope for a convincing break, or at least a graceful rejection.

1

More like this