South Africa Rand continue uptrend movement

South Africa Rand continue uptrend movement

Rami
25 (08) 2016 - 14:29 (GMT)
0

USDZAR managed to retrive uptrend movement backed by support (13.8800) which not tested yet where our last Intraday report mentioned (see here)

Short-Run still showing more advance opportunity despite the President Zuma announcement that he is “full confidence”  in Finance Minister Pravin Gordhan

Short-Run still facing resistance zone at (14.3000) where as long as market holding below a drop correction toward (13.5500) may have chance

above (14.3000) another uptrend wave may hit market toward (14.9500) zone

USDZAR

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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