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Why is usdzar going short?

These are trade that I am taking. Nothing more. USDZAR going short because of the dow theory and also strong daily resistance just below the previous LH can push the price down. 2nd entry has been activated, USD has been very weak to due Seasonality and FED comments. hope to see a bounce here The U.S. Dollar vs. the South African Rand.

Is usdzar a good Tech setup?

Tech setup also decent with USDZAR in a clearly defined... USDZAR has been selling for most of last week, closing out with a buy action. Once it hits market structure it’ll look to buy to supply. This is just an idea.

Why are we long the usdzar pair?

We are long the USDZAR pair. This is based on the current political instability surrounding the ruling president of South Africa, the Rand is poised to get weaker over the coming weeks. This is also taking into consideration the weekly and monthly momentum. This ship may see an uptick in price beyond the R18.50 per dollar.

What is a F-Dar chart?

This chart helps nurses, doctors and other specialists communicate with each other throughout different shifts by organizing a patient's information in a standard format. F-DAR stands for Focus, Data, Action and Response. Each category represents the following information:

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