EUR/ZARShort
EUR/ZAR SHORT 11/08/20
It was a big surprise that it was able to reach the top again. But now we can explain that with the overall strength of the EURO so far. Now looks like the Euro will calm down for a while which will be in favor of shorts. From technical standpoint we have all reasons to go short: strong divergence on MACD, far from MA200, and already formed reversal candlestick pattern on the daily chart.
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