Yearly speaking I see Rand South Africa gaining another 15% against Euro.
A bearish impulse in wave A is going to end soon, so there's an opportunity to have a correction in the short term
Put this one on your watch lists folks. I'm looking for a downward break to sell if buyers get thwarted.
Downward ABCD move is completing. Could see strength coming at above 15.20 level or see slight pullback toward the trendline and then move up.
ITS SAFE TO GO SHORT ON THIS TRADE, THE BEARISH FLAG AND THE HEAD N SHOULDER PATTERN APPROVES, BUT IF GOING SHORT, SET SL AT 14.7417
Pair is on 7th straight day of declines and produced a nice reversal candle.
Shorted at 16.034. Hit first goal, almost at second and looking for third.
Hit first target now almost at second. Looks like it could keep it up and make it to the third.
FX_IDC:EURZAR Safe Trades;