USDZAR Long - The One to Watch This Week Long

U.S. Dollar/South African RandFXCM

Description

⋅ Sep 26, 2020 4:35 PM

I am expecting USDZAR to break out of its descending wedge formation as a bullish flag and is also oversold on the RSI . US Dollar Index also has an inverse head and shoulders patterns indicating further dollar strength this coming week.

Watch the price action at 17.27500 London open

TP1: 17.500
TP2: 17.72
TP3: 19.95