USDZAR Sell 18.94
Looking to sell USDZAR tonight from the resistance area around 18.94, I have a few reasons for my sell bias. Firstly, Price is trading near a strong resistance and seems to have formed a head and shoulders pattern. We also observe a break of the trend line and now the price seems to be en route to retest this trend line structure. We can sell from 18.93 towards 18.70. When/If price reaches our intended target, we will look for another opportunity.
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