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WKby u/wkim·1moAnalysis

$ZARUSD finding a base?

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.

2 comments · 14 points

2 Comments

SOu/sota65·1mo

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.

7
NTu/nguyen_tyler·1mo

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?

1

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