JFD_Research

USDZAR - 240 - Watch the break out

FX_IDC:USDZAR   U.S. Dollar / South African Rand
Trade Alert

USDZAR started forming higher lows and getting closer to its key resistance near 14.110. Before examining further upside, we need to see a clear break above that level, or even having the 4-hour candle closing above it.

Please see the chart for levels and the alternative scenario.

Don't forget your stop-loss.
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