South Africa Rand and the chance for more drop against Dollar

South Africa Rand and the chance for more drop against Dollar

Rami
24 (11) 2016 - 19:19 (GMT)
0

The Intraday-Level frame may provide a chance for Reversal Head& Shoulder formation which still need a positive confirmation from M15 MACD for the coming hours where low liquidity due to U.S. banks holiday for the thanksgiving Day.

As long as market holding above (14.0850) the chance for farther advance toward (14.2915) where above more advance may hit toward (14.5145).

Below (14.0850) this model will be killed with more drop ability which will look at in Short-Run level

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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