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ForexWizard01
Nov 7, 2022 11:36 AM

USDZAR possible sell zone! Short

U.S. Dollar/South African RandFXCM

Description

USDZAR has formed a strong bearish price action with strong liquidity grab from the resistance zone. The price already over extended in the higher timeframe and likely to reverse to complete a healthy retracement to the downside.
as the price started it's downtrend, a sell trade is high probable after retesting the previous support turning resistance.
Comments
JoeChampion
Do you consider fundamentals too?
Triangle231
Thanks
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