Chart of The Day $USDZAR 10-12-2016

On the USDZAR daily chart we see strong retrace all the way to important pivot 14.4600 and also 100 SMA 14.3271 which rejected the pair on a way higher. Today correction of a yesterday big swing is on the way and we could see a retest of 14.000 zone before any directional move.

Happy trading! (click on the chart to enlarge it)

 

 

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. If you want to learn all about it and become a professional Trader, sign up now and become a member here – Regular plans  or Special combo offer! Partial refund of our trade alert losses! Sing up

We cover all Majors, Crosses, Indices and Commodities. Join us and you will get access to Trade alerts with exact SL and TP levels, real time on email , viber, twitter private feed, NY session analysis of all major asset classes, Live trading sessions every day moderated by our expert analyst @Aleksfx, Video analysis, Intraday market levels, Live chat support, Educational webinars. You can also read other articles at our Blog and check Chart of The Day 

See our schedule HERE

Scroll to Top
×