USDZAR testing upper end of the wedge & 50DMA

10 thg 12, 2018

USDZAR testing upper end of the wedge as well as the 50 day moving average. Important that price holds below this 14.25-14.26 level in order to prevent a breakout of this wedge which has significantly higher targets.

11 thg 12, 2018

Ghi chú

Looks like we are seeing the second consecutive close above the wedge breakout. First target 14.80 - 15.00 and then a full target from the wedge breakout +- R16.00