Chart Scale: Monthly, Weekly
Indicator Used: Bollinger Band, Ema 200, Support and Resistence, ATR 14, Volume
Monthly Chart:
Weekly Chart:
Pair Analysis: In the monthly Chart, Zar seems to facing difficulties with the middle Bollinger Band. I expect the Pair to face difficulties to move higher from here. Weekly shows reverseal at the upper Bollinger Band. Price is still away of Ema 200. I expect the pair to try to break Ema 200 but it will take probably month before it will happen.
Indicator Used: Bollinger Band, Ema 200, Support and Resistence, ATR 14, Volume
Monthly Chart:
Weekly Chart:
Pair Analysis: In the monthly Chart, Zar seems to facing difficulties with the middle Bollinger Band. I expect the Pair to face difficulties to move higher from here. Weekly shows reverseal at the upper Bollinger Band. Price is still away of Ema 200. I expect the pair to try to break Ema 200 but it will take probably month before it will happen.