TradingView
RobertSoos
8 avr. 2019 09:03

EURZAR - back to 38.2 Long

OANDA:EURZAR120
EUR/ZAROANDA

Description

⋅
ZAR had a strong rally supported by fundamental news. I expect to see some profit taking, and change in positioning.

Technical:
- 20 EMA was broken on 2h with a backtest
- 38.2 Fib retracement is a clear T/P zone
FibonacciSupport and ResistanceEURZARbreakout
Plus