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morrisgitau
Aug 22, 2023 4:34 PM

EURZAR Short

EUR/ZAROANDA

Description

For the better part of the year, the South Africa Rand has weakened against major currencies. Q2 we saw a reversal. Presently we have completed a bullish correction that grabbed the trend line liquidity. We have or sell limit orders placed either at the liquidity level of 20.67125 or unmitigated supply at 20.71422. Our projected exit is the liquidity sitting below the equal lows at 19.209.
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