ZAR/JPYShort
ZARJPY
ZARJPY is in a Down trend on the monthly and weekly time frame
Looking at reversal from the previous
support turned resistance (A 3 year high) to take short position trade
This is on both monthly and weekly time frame
break of previous 2016 low to form a new 2020 low
hence giving us a high probability of trend continuation
Looking at reversal from the previous
support turned resistance (A 3 year high) to take short position trade
This is on both monthly and weekly time frame
break of previous 2016 low to form a new 2020 low
hence giving us a high probability of trend continuation
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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.
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.