USDMAD trade ideas
daily analysis of dirham marocain/dollard americanHi friends
the daily chart of this market shows with a high probability an uptrend so I advise you to buy but also it is necessary to be frozen of the change of the direction of this market towards the opposite
please subscribe to receive more analysis
The Moroccan Dirham can look Dollar in the eye (0.11 target)After the new regulation set by the moroccan dollar, the currency is showing an uptrend of its value. As a reminder, the MAD is plugged to euro and dollars with a respective rate of 60 and 40 percent.
I see this currency growing in the next years and have great potential.
Have a great day!