oncechen
Panjang

USDZAR long in day chart

FX:USDZAR   Dolar U.S. / Rand Afrika Selatan
67 5 2
Now USDZAR looks like it can't down any more, if with DXY             pullbacking, ZAR will follow up.
setup:
entry:12.4055-12.4057
tg1:12.775
Perdagangan aktif:
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Komen:
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Komen: Try
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Order dibatalkan:
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Perdagangan ditutup secara manual
I too believe we have hit the lower end but there is one element that I feel can drive the USDZAR down, and that is when/if Zuma steps down before his term ends. When Ramaphosa was named as the new president of ANC the Rand immediately strengthen by 4% and if the "fake news" dip we saw on Tuesday about Zuma stepping down is anything to go by I think we could see it going a bit lower, only, but only if Zuma decides to step down.
Balas
LonelyForexTrader emiledpretorius
@emiledpretorius, exactly i'm long on this pair but I keep checking the news if Zuma resigned or get ousted we can have a good sell on this pair.
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archie01 LonelyForexTrader
hey guys, is this still valid?
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oncechen archie01
@archie01, update
snapshot
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archie01 oncechen
@oncechen, Thanks!
Balas
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