EURZAR POSSIBLE BUYPer our chart, EURZAR may retrace about 500 pips up, before a massive fall based on the weekly and monthly charts.
ZAREUR trade ideas
EURZAR (High probability short)Experimental probability of price breaking 9/11/20 low (~18.0870) is 90%
Entries: Discount sell zones highlighted on Chart
Note: discount zone are invalid if price broke the low
EurZar Possible Bullish ReversalThe price level 18.3550 is a level we watch for to confirm a bearish drop. Price is now headed towards our trend-line zone.
The High 18.8000 may perhaps help the bearish trend further down, -monitoring is required.
EURZAR bearish sentiments -H2
-The best trading guru is you,- yourself. Be right and wrong for your own judgment, staying positive :)
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
wedge +fib+patienceexpecting short term ZAR strength due to euro weakness and expected downside data
Short Term Analysis on EURZAREURZAR is currently consolidating with a slight bias to the downside. The important thing would however be to keep an eye on the upper and lower boundaries for a potential breakout. Short term Resistance is @ 19.03 and 19.15 whereas support is @ 18.72 and 18.65
EUR/ZAR will the support hold...? 19.1386
We see that price has come back down to the 19.1386 support level.
If price finds support and moves up we could see resistance at the 19.3352 level.
If price breaks through this support and the next support is at 18.9059 level AND if price breaks through this level we could possibly see a big move to the downside.
Short EURZARThe price broke the daily support and went for a retest, resulting in a long position to the downside
