U.S. Dollar / South African Rand
Long
Updated

USDZAR D

139
Possible double bottom at support area? The movement from yesterday is very very clean. I will need more confirmation today. Keeping this one on watchlist
Note
Big hammer candle on D yesterday. Also seeing some RSI divergence.
snapshot

We are seeing a pullback on 4H chart and a break above the structure (black line) could send the pair higher
snapshot
Note
No trade for me on this pair. Although it broke above our entry area the move was too fast and sudden so probably not sustainable. Still on my watchlist for next week but I need more clear price action

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