Price action shows that Zar has been in an up channel for quite some time now, with the price being in an extreme resistance, its only a matter of time until the support trend is broken, and from there on, we are bound to see zar gaining some strength against usd. But short positions should be treaded upon with care as this pair is full of surprises!!
Bias on a sell, Tell me if i am write or wrong.
I have been waiting for that sell signal, and I think usdzar has reached its peak, the next movement in the few days will be nothing but downward.
