USD/ZAR is currenlty in a bear flag and could break on positive political news in South Africa. First target 11.80, a long term 50% fib retracement. Next target 10.50 long term 61.8% retracement..
Trade ist aktiv:
Trade activated.
Looks like Zuma will be out soon... Should support ZAR
Looks like Zuma will be out soon... Should support ZAR
Kommentar:
perfect start
Kommentar:
Now is a good time to add to position, or enter if you haven't yet. Its trading at 21.21, previous support now resistance on Friday 19/01/2017
Kommentar:
First target reached. Taking half of position off and moving stop loss to break even and holding for second target. HoooHaaa!