From the weekly it had failure to break above the resistance Short

U.S. Dollar/South African RandFXCM

Description

⋅ Apr 14, 2017 4:09 PM

From the weekly it had a failure to break about the resistance of the falling wedge ,this weeks candles close is confirming that bears have taken over ...long term sell

Comment

⋅ Apr 21, 2017 12:59 AM

@Mphollionaire The pair is currently struggling and ranging on a critical area of support,keep a close eye on it.it will go back below (13.00)

Trade active

⋅ Apr 21, 2017 1:12 AM

On the H1 time frame pair is still raging below the strong level of support it turned to resistance yesterday ..downside target still remains the same

Trade closed: target reached

⋅ Apr 26, 2017 3:35 PM

TP GOT HIT

Comments

Mphollionaire

⋅ Apr 20, 2017 10:48 PM

USDZAR is currently at 13.14. Do you think it will go below the 13.00 mark, or shoot back up?

danielleon23

⋅ Apr 21, 2017 1:05 AM

@Mphollionaire, The pair is currently struggling and ranging on a critical area of support,keep a close eye on it.it will go back below (13.00) mark then shoot up