USDZAR W5 JAN 2020
2020-01-26 23:54:17
Have been shorting this since last year and it’s still a bear. 14.54988 represents a critical support and resistance zone. price bounced and rejected off this level multiple times. At H4, price broke the ascending trendline and has pulled back, CMP currently at 61.8% fib level.
If price breaks above 15.00000. setup will no longer be valid