Since USD is bearish and ZAR is bullish,
The USD/ZAR pair has a downward bias.
Traders are betting against the U.S. Dollar and in favor of the South African Rand so USD/ZAR may move lower (ZAR appreciation).
The USD/ZAR pair has a downward bias.
Traders are betting against the U.S. Dollar and in favor of the South African Rand so USD/ZAR may move lower (ZAR appreciation).
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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.