ridethepig

Pain likely to continue - Chapter II

FOREXCOM:USDZAR   U.S. Dollar / South African Rand
=> For those who were looking at the MT weekly chart here is the range we are currently trading.
=> Solid resistance at 16.00xx with support at 14.70xx ...the bias towards the upside continues even after the profit taking we have seen the past few days.
=> We can't rule out chopping in our range for some days ahead before taking the 16.00xx handle eventually...(edited)
=> Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.