Looking for reversal opportunity at 14 Long

U.S. Dollar/South African RandFXCM

Description

⋅ Nov 15, 2016 9:22 AM

Reason
1. I think if we continue to see dollar strength then the emerging markets will continue to weaken.
2. This is also a big round number level. Traders will be reacting here.

Hopefully a pinbar will give us an opportunity on this one.