EURZAR - Triangle Breakout or Reversion?
Updated
EURZAR has been in a recent range and is now testing the upper trend line.
Market possibly pre-empting a negative tone to the South African finance ministers speech on Wednesday.
If the breakout is a fake, there is a high likelihood of it revering to the lower level of the Triangular formation.
Market possibly pre-empting a negative tone to the South African finance ministers speech on Wednesday.
If the breakout is a fake, there is a high likelihood of it revering to the lower level of the Triangular formation.
Trade closed: target reached
watch for test of support approaching news
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