Hello Traders, I have been watching USDZAR for a while. Well, I must say, the time is ripe to look for under-valuations in lower time frames and buy. First, like we mentioned in the previous article, the middle BB in the weekly chart was our main liquidation or the resistance line. However, as it is,the USD is now trending above this line and with a whole...
Potential longs on this pair. So we trade a bull break out with buy stops at 11.90, stops at 11.78 and take profits at 12.40 and higher
Euro is strong. Buy and aim for a 1:3 risk reward ratio. Stop loss below 16.28 with take profit above 16.65