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EURZAR finds support at 14.700


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Guest TitoC
Posted

EURZAR SHORT
The south african rand exchange rate, finds support at 14.700 area good opportunity to short. SL 15.29527 TP1 14.2 TP2 13.39085 After TP1 reached SL to breakeven

EURZAR LongTerm
My Long Term View on EURUSD going forth, we will be looking to make higher highs in the future. Highly unlikely that this pair visits the 61.8 fibonacci level before getting to either the 88.9 or 100.0. Let's see how this goes Updates to come in future

EURZAR finds support at 14.700.jpg

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  • 2 months later...
Posted

Interesting analysis of african money, I think it is a currency that gives good returns in trading, either with the EUR or the USD. The African currency is very predictable and not very volatile

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