Trader_97
Long

USD SEEMS UNSTOPPABLE AGAINST THE ZAR

FX:USDZAR   U.S. Dollar/South African Rand
9 0 1
I CANT SEEM TO FIND A LOT OF HISTORICAL DATA IN THE CHARTS BUT THIS IS HOW I SEE IT ALL SIGNIFICANT TIME FRAMES ARE BULLISH & WITH LAST WEEKS CLOSE AT 14.15 AREA.THE PAIR ONLY LOOKS LIKE IT NEEDS A CLEAR BREAK ABOVE THE 0.5% EXPANSION LEVEL TO CONTINUE TO RALLY HIGHER.WE MAY SEE IT SLOW DOWN AROUND THE 0.618% LEVEL IF THIS SCENARIO COMES INTO PLAY HOW EVER A CLOSE ABOVE IT AND WE CAN GO AS HIGH AS 14.85 AS WELL WHICH IS THE 0.764% EXPANISION LEVEL.MINOR SUPPORT LEVELS I'M ABLE TO SPOT ARE 13.99 BELOW THAT WE GOT 13.712 AND BELOW THAT SUPPORT LIES AT 13.508.BEST WAY TO TRADE THIS PAIR FOR NOW IS TO KEEP BUYING ON DIPS
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