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USD/ZAR End Of Correction!

USD/ZAR End Of Correction!
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South Africa Rand continues to depreciate

Key Support: 14.80 Key Resistance: 15.08 – 15.20 The Rand has been crashing hard against the USD for the past week. This is really not a USD driven move since we have seen non directional trading for a couple of weeks on the USD. This is a ZAR driven rally on the USDZAR (ZAR depreciation). […]

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USDZAR dip buys at weekly pivot

Key Support: 14.65 Key Resistance: 14.90 I’m looking for USD longs on a DXY reversal after the retest of August highs. The USDZAR presents a very good opportunity here. After breaking with the 14.68 level last week and trapping shorts the USDZAR has pulled back to this very level. This is a MASSIVE key historic […]

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