EURZAR SELL (LONG TERM) Looking at the EURZAR pair, i am waiting for a break of market structure and i am looking at some kind of more lower highs to be created and for the market to repeat itself before dropping even lower. I would also be looking at the top of the rising squeeze before selling to get a better risk to reward. However, there is a possibility that the price might break and i will get in with trailing my stops from 16.3710 price range. Waiting for the market to show me whats possible before i trade this pair. Care with this one, as many brokers have high spreads on exotics
EURZAR
EUR/ZAR Moving up & upEUR/ZAR is in an obvious up-trend. Price broke above immediate resistance and now has pulled back to re-test 16.06 and we have seen 3 consecutive trading days close above 16.4 with a closed bullish candle following a doji(daily chart). Wait for London session before entering, if price respects 16.06. Please don't forget that this pair is extremely volatile as it can move 300-500 pips in a day.
EURZAR. Strong drop in price.Hello dear subscribers!
Now the price of the dollar is falling sharply
and it is continuing to give its donation.
Therefore, be careful, the support zone did not help the price drop
and there is a high probability that it will go down even more
and reach its target!
Good luck to you.
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