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DKby u/dina.khalil·1moAnalysis

Watching USDZAR at 16.56 resistance

I'm keeping an eye on $USDZAR; it looks like we're bumping up against the 16.56 level, which has acted as pretty firm resistance recently. A clear break above that, especially with some volume, would invalidate my current thinking of potential downside pressure.

2 comments · 3 points

2 Comments

JAu/jung_aoi·1mo

Agree, that 16.56 level has been stubborn. What's your next key support if it rejects again?

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AAu/altcoin_aly·1mo

Interesting, I hadn't looked at USDZAR in a while. What makes you think there's downside pressure coming if it doesn't break?

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