efazil
Panjang

02 possibles long opportunities

OANDA:USDZAR   Dolar U.S. / Rand Afrika Selatan
447 8 8
Keep an eye on possible quick pullback from the first level (support)
Komen: Searching for a strong support
Komen: Approaching potential buy zone (expected pullback)
With the dollar gaing ground, you think it will drop again?
Balas
efazil Michael_VD27
@Michael_VD27, this pair is special as traded in the market.
we are so far from the key level of 12.06
Balas
You think we can expect a turn around now?
Balas
efazil Michael_VD27
@Michael_VD27,
12.06 is the key level for possible pullback
Balas
@efazil, What do you think will happen now? we at that zone that we spoke about.
Balas
efazil Michael_VD27
@Michael_VD27, as mentionned in the comment highllighted on chart, SL 11.70 with entry at 12.06 this is an extreme expected case (it's my personal advice).
Balas
efazil Michael_VD27
@Michael_VD27, may be more down can happen but if you manage one position in your trade balance at entry 12.012 because this level is already reached since opening of the market.
Balas
@efazil, You convinced that this could happen?this pair is really affected by political climate. South African president could be removed soon and this will surely drive the dollar lower.
Balas
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