PAIR ANALYSIS :
USD/ZAR is in a bullish trend as indicated in fig 1. Since beginning of 08/2011 the currency pair has been dominated by a bullish position tendency with different profitable opportunities along the support line and a seller opportunity 08/03/2015 as indicated in fig 1. The Linear Regression Slope around 0.08 and the configuration of the Parabolic Sar seem to support the bullish trend. Also the money flow index and the possibility of a US interest rate improvement can support the bullish domination. It could be considered the key level price around the 14.9991 as resistance zone as a possible retracement.
FIGURE 1 shows the bullish tendency
FIGURE 2 indicates the forecasting pattern
Open trading account 
