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paulusul
Mar 18, 2021 10:21 AM

Consolidation before heading higher Long

US Dollar/South African RandSaxo

Description

Macd is bullish on the weekly chart.

expecting the trend to consolidate while the macd diverges to the downside before turning up, pushing price higher.

slow grind to the middle of the channel, then touching the top of the channel before reversing to hold the overall downward momentum with a chance of a possible bullish break
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