การวิเคราะห์ทางเทคนิค

USDZAR market technical outlook

Daily chart:

Bullish inside bar is being formed at the area of dynamic 14.6336 (lower Bollinger band), that might allow the pair to recover towards middle Bollinger band (15.0188).

H4-chart:

Local upward technical correction is also limited by the barrier in the shape of 15.0188 level (middle Bollinger band). Lower Bollinger band was broken earlier being a sign of probable continuation of decline after touch of the middle band.

H1-chart:

We note the area of potential intraday long-trades - 14.7784 (middle Bollinger band). Target is 15.0188.

Expectations:

Downward pullback to 14.7784 and then growth towards 15.0188.

Trading recommendations:

  1. Longs from 14.7784 to 15.0188.

  2. Shorts from 15.0188.

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