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PeryCapital
Mar 1, 2017 10:05 PM

USDZAR long Long

U.S. Dollar/South African RandFXCM

Description

USDZAR is about to makenews highs this and next week!

You can see perfect bounce from demand zone based on H1 timeframe,
Fibo 50% Price Reverzal Zone (PRZ) and supportive trendline.

If USDZAR will break Structure + Resistance + Trendline, we can see big move up in next weeks.
Keeps eye on that.

For the record: USDZAR and USDMXN are only exotic pairs I trade (they make sense and are low-spreaded)

Don't forget to trade with proper RM/MM and caution.
Good luck guys.

Trade active

70 pips in profit already

Comment

130 pips so far! We will see strong resistance and trendline. Be careful and secure profits!

REMINDER: you can never go broke if you take profit

Comment

Watch this area to more long USDZAR... Took partial profits on 150 pips!
If break + retest. UZAR futher to go up
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