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MMFXSignals

USDZAR SHORT TRADE

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
MMFXSignals  
FX:USDZAR   U.S. Dollar / South African Rand
Support and Resistance Head and Shoulders Technical Indicators Forex Currencies USD ZAR exotics USDZAR sellsignal signalprovider
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supportandresistance headandshoulders indicator forex currencies usd zar exotics usdzar sellsignal signalprovider
USDZAR formed head & shoulders pattern
Price rejected from 61.8% Fibonacci of preceding wave at level 14.9555 and confirmed by bearish engulfing candle
Below moving average 100
MACD shows weakness in bullish momentum
RSI reached overbought region
It's expected for coming strong bearish wave to test key level at 14.2780

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