long expectations on USDZAR

FX:USDZAR   U.S. Dollar / South African Rand
Looking at the long possibility on USDZAR, we could expect a bullish movement starting at a retracement at 18.83 as its the initial value for both the double bottom formation and the retest on the 11.8% fibo level which marks the average between the 0 and the 23.6% level, this is a very beautiful setup that we shall follow after the breakout on the 19.20 or the bearish momentum.

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