Our free forex signals service today is a buy order on the USD/ZAR pair. The USD/ZAR pair is traded at 15.433 at the time of writing. In the short term, it has retreated after reaching 15.530 on Friday. The price action printed a triangle pattern, so we’ll have to wait for a valid breakout from this formation before taking action. The currency pair stays near immediate upside obstacles as the Dollar Index has managed to stay higher. Fundamentally, the USD could try to appreciate after the US NFP was reported at 467K in January above 110K expected. In addition, the…
Source link
