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EURZAR

EURZAR SELL (LONG TERM) Looking at the EURZAR pair, i am waiting for a break of market structure and i am looking at some kind of more lower highs to be created and for the market to repeat itself before dropping even lower. I would also be looking at the top of the rising squeeze before selling to get a better risk to reward. However, there is a possibility that the price might break and i will get in with trailing my stops from 16.3710 price range. Waiting for the market to show me whats possible before i trade this pair. Care with this one, as many brokers have high spreads on exotics
Short
by ANGBlack
Analysis of EURZAR 31.10.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 16.9600 • Take Profit Level: 17.1500 (1900 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 16.7800 • Take Profit Level: 16.7300 (500 pips) USDJPY A possible short position in the breakdown of the level 108.20 GOLD A possible long position at the breakout of the level 1506.00 USDCHF A possible short position in the breakdown of the level 0.9860 EURUSD A possible long position at the breakout of the level 1.1180
by PaxForex