USDZAR approaching resistance, potential drop!
USDZAR is approaching our first resistance at 6.88562 (horizontal overlap resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 6.79766 (horizontal overlap support, 23.6% fibonacci retracement).
Stochasticc (55,5,3) is also approaching resistance where we might see a drop.
Stochasticc (55,5,3) is also approaching resistance where we might see a drop.
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