Just as usual im going to make this short and precise ...(SELL>USDZAR)
USDZAR is currently trading around 17.1826 & 17.2650 range which is one of the 2 major areas where smart money is looking to short the PAIR going down TARGETING 16.8889 & 16.7300 AS their 1st & 2nd TP target
PLEASE NOTE FOR THOSE WHO ARE GOING TO TAKE THIS TRADE MAKE SURE TO COVER YOUR POSITION BEFORE TOMORROWS CLOSE AS WE ARE NEARING INTREST RATE DECISION FROM THE FEDS ...
BUT TREND WISE THE RAND IS IN A DOWNTREND
NB Analysis only FOR DAY TRADERS with fat accounts that are willing to hold their trades for a day or 2
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