Currency pair USDZAR shows the relation of the US dollar exchange rate to the South African Rand. This couple is exotic and doesn't enjoy wide popularity in the Forex exchange market. In USDZAR pair base currency is the American dollar, and the South African Rand – quoted. The South African and can be carried to commodity currencies as it is strongly dependent on gold prices. The US dollar exchange rate is influenced by political events in the world and oil prices.
Прогноз по паре сильно бычий и это обусловлено тем, что практически все индикаторы ожидают подъёма, а восходящий треугольник так же говорит о возрастании спроса.
Does look^ like a triangle has been broken and a wave 3 is confirmed, so the target at 12.60 is highly possible. can try to trade on a breakout of 12.2000 level with a stops below the congestion.
Failed to close beyond the week of 18.01.2015, The continuation Up is the more likely. Recommendation - Long entries, using intraday chart signals.