USDZAR trading analysis

USDZAR trading analysis

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USDZAR

The pair is testing the strong confluence of the upside reversal support 13.70-14 zone. This zone should hold for an upside reversal continuation. Only a daily close below the 13.67 will invalidate the upside continuation.
USDZAR trading technical analysis
Note: on a Daily chart below you can see that the pair is testing the confluence. Wait for the price action-reaction from this level to enter long/short trades. Short trade entry on a daily close below the 13.67 and long trade entry on a bounce from here.

USDZAR trade alert

 

 

 

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