ZAR ; commercials 'zero' long contracts for x3 weeks running( ie, go long usdzar); in on this but too soon; consolidation - but looks hopeful!
AhmedMesbah
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@JohnJohnsom, Just because of the weak dollar. other than this, commercials would take it back to 13 in 2 days. Lucky Rand.
BrunoAlvesb2
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Wow nice TA, Thanks for the information!!!! I saw a Hidden Divergence, I believe it's a short!
AhmedMesbah
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@BrunoAlvesb2, Hi Bruno, take care of this contract its quite wild. its still early and its better to wait for the European session or 1 day candle to close either up or down. The RAND is so overbought atm.
BrunoAlvesb2
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Yes @AhmedMesbah, Thanks for you're advice, you are right! I closed my open position's and wait patiently many thanks!