Potential drop followed by a long opportunity

18 thg 12

USDZAR managed to create bullish after finding momentum on a significant support. Currently the bullish move looks to be fading, as price action failed to cement this momentum above 18.220. As the pair develops, the below support barriers will be essential aims were the pair may fall towards and kickstart the upside move. Conversely, if price action fails to fall USDZAR, will continue it's bullish momentum.