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Trader-Dan

#USDZAR - Observation

U.S. Dollar / South African Rand (FX:USDZAR)  
Trader-Dan  
FX:USDZAR   U.S. Dollar / South African Rand
Support and Resistance Fibonacci Multiple Time Frame Analysis
4
2
supportandresistance fibonacci mtfa
- The USDZAR bounced off an important resistance - turned - support zone around R15.20

- This will be the area to break for any further gains to be made for the ZAR. A move back to the top of the falling wedge might give another opportunity to short the pair


- Currently no position

USDZAR


-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.
-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Disclaimer

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