USDZAR closing toward support zone

USDZAR closing toward support zone

Rami
10 (08) 2016 - 09:19 (GMT)
0

After market fell below previous support level (14.1500) USDZAR went for farther drop as expected where we still holding our target toward (13.1000)

Short-Run showing support zone at (12.9500 - 13.0100) which if market tested without break this may lead for rebound correction toward (14.0000) zone

below (12.9000) market may add more drop pressure to head with Rand toward (12.1200) 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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