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JFD_Research
Aug 16, 2019 11:59 AM

USDZAR - 240 - Range or a double top? 

U.S. DOLLAR / SOUTH AFRICAN RANDICE

Description

Trade idea.

USDZAR had a good run to the upside, but now it started moving sideways. The pair is now ranging, which could spill into a possible double top. For now we will continue monitor the activity and wait for a clear break through one of the highlighted areas before examining a further directional move.

Please see the chart for levels and targets.

Don't forget your stop-loss.

Comment

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