USD/ZAR Trading Analysis (17/01/2025)
The trend is ascending. The currency pair is trading in a range between 365 and 135 ЕМАs on the H1 timeframe. The downtrend wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.
Trade idea:
- Buy when the formation of the ascending wave structure begins, when the wave A breaches the …