South African Rand showing strength signs

South African Rand showing strength signs

Rami
30 (11) 2016 - 11:52 (GMT)
0

As we see in details over chart, USDZAR again managed to head above (14.0000) zone today while downtrend resistance trend holding around (14.0800) zone

As long as market holding below (14.0800) another drop wave may hit market toward (13.7800) within Intraday-Levels.

Above (14.0800) risk for more advance toward (14.2500) may hit the market.

 

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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