USD/ZAR Outlook is Extremely Bearish
Emerging market currencies are likely to outperform the US dollar this year as the risk-on sentiment prevails.
The USD/ZAR price has formed a bearish channel on the daily chart and a rising widening wedge on the weekly chart.
Outlook is bearish for now.
The USD/ZAR price has formed a bearish channel on the daily chart and a rising widening wedge on the weekly chart.
Outlook is bearish for now.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.