Expecting some confluence around the 13.19200 level.
Kommentar:
Still Bullish on this pair we are currently just struggling to pierce and close above the 2015-12-01 Swing low(14.29400 level). Some may say the market absorbing short positions but I disagree, I am expecting a break above the 14.29400 level sometime this month, regardless of how much lower market makers may try push it
Kommentar:
As I had predicted, we broke and closed above the 14,29400 level yesterday. We can now add on more long positions on this pair as we will now safely make our way up to the 14,8000 levels.
Kommentar:
Best time to add long positions would be around 15 minutes before South African open and more at London open