Syedbilal

USD/ZAR | EXPECTING TREND REVERSAL

Long
FX:USDZAR   U.S. Dollar / South African Rand
USD/ZAR: Technical Outlook
We have observed a bullish divergence after a 1.58% drop
Price action has already created the first higher high waiting for the restest, will take a trade above the last higher high at 18.3571
Buyers will remain in control above the 18.16782

Trade Plan
Stop Loss: 18.16782
Entry Level: 18.35715
Take Profit: 18.54778
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