OANDA:USDZAR   Dolar A.S. / Rand Afrika Selatan
USDZAR is bearish in overall trend but we are currently looking at a pullback,where by the market will be retesting the formed LH on 61,8% Fib level and also adding confluence is the bearish trend line( our trend line simply indicates a 3rd touch confluence) is it possible to see a change of structure or just a continuation of a sell. Focusing more on what we have currently, the market has formed a HH and did print a HL for us, we do have a close above the BOS or previous HH we are now looking for a market to give us a new HH then a HL until it has fully formed that LH. i am bullish until 14.10 price value.
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