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UnknownUnicorn2302976
May 22, 2018 2:56 PM

UsdZar breakout Long

U.S. Dollar/South African RandFXCM

Description

Last week's bar closed above the resistance around the 12.72 area and closed above the highs of the previous two weeks. Price has retraced to the 50% area of last weeks bar, around support at the 12.50 area.
Long from here targeting the 13.15 area.

Trade closed manually

Price below resistance. Will re-enter long if price breaks 12.72 area, otherwise looking to short.
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