5/13 Forex

One new breakout among the 124 currency pairs I follow.

sym	phase	adx	bday	blevel	stop	atr	atr%
NZD/ZAR		26	may12	R5.4785	R5.4061	0.0724	1.3%

Short-term interest rates in South Africa are about double those in New Zealand, so the NZD/ZAR has a significant short bias on the carry trade rate. A bull position would require a net debit of interest.