USDZAR gained momentum in pushing to the upside since South africa had a negative impact on the economy due to the poper supply issue. We our first price target from last week was that price would hit 17.50 but now that it has made multiple breakout on certain levels we looking forward for the price to head around 17.70.
We see a very clear price has reached the RS ZONE on 1H TM and 4H TM.
We take longs just after few countable minutes from market open.
Most preferable time will be 01h15 am +2 GTM Johannesburg time zone.
We see a very clear price has reached the RS ZONE on 1H TM and 4H TM.
We take longs just after few countable minutes from market open.
Most preferable time will be 01h15 am +2 GTM Johannesburg time zone.