OANDA:USDZAR   U.S. Dollar / South African Rand
what i see coming for this coming week.
Is buys.
till the resistance.
this because you can see that the market is or has formed the new high low and is getting ready to break above the current resistance. and if it breaks above it. i will have a clear confirmation to be look for buys.
what could invalidate this set up?
is that the market can retest on the current resistance and move further down and continue with the bearish trend to the downside
lets use proper risk management and lets do the most

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.