The South African Rand is starting to lose steam against the USD and USDZAR started moving up from Ms1.
On the H4 chart we can see higher highs and higher lows. Price moved up from WPP (12.755) and we are now currently sitting at the weekly profit target zone. As a bull on this pair i want to wait for a pullback down to around 12.90 and look for an opportunity to go long.
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Graduate in Bcom Human Resources Management. I have been operating in the markets since 2016 and still learning everyday analysing the markets and entering trades only when conditions are met. I am a full time trader and market analyst using technical and fundamental analysis, I am also a part time student at the University of Johannesburg studying Finance and Investment Management. I am always looking for ways to improve my skills as a professional and consistent investor for above average returns building a track record of success in the markets.