On the USDZAR daily chart, we can see that the pair is trying to break below the key long-term confluence of the downside resistance 13.750 level also a 200 SMA. A daily confirmed close below this level would lead to a further downside continuation into the 13 level. Only a daily close above the 13.9000 level would invalidate the downside extension.
Note: look for the short trade entries with the stop loss above the 13.8000 level.
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position risk free. We are publishing daily and weekly analysis and 5-10 trade alerts per week directly on your mobile device via Private twitter feed and Private Telegram group! NOW! NEW! Enhanced premium membership plans for new members!
Our service is with you for 4 years! Net profit in 2017 11.2% Net profit in 2018 YTD 19.80%! We are beating the algos! New trading Year New enhanced plans!
