USDZAR - Possible Scenarios to watch
The USDZAR is breaking its recent daily downtrend and stochastics coming off overbought (ZAR)
- The 2 scenarios i will be looking at are:
A) Break of R14.37 for a move towards to initially R14.50 then R14.75 zone
B) Rejection at R14.37 for a move possibly to R13.75 - R13.50 zone.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- The 2 scenarios i will be looking at are:
A) Break of R14.37 for a move towards to initially R14.50 then R14.75 zone
B) Rejection at R14.37 for a move possibly to R13.75 - R13.50 zone.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.