USDZAR

USDZAR D1

The South African Rand is starting to lose steam against the USD and USDZAR started moving up from Ms1.

USDZAR H4

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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