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ForexWizard01
Sep 12, 2022 10:47 AM

USDZAR possible sell zone!! Short

U.S. Dollar/South African RandFXCM

Description

USDZAR (4h) has formed a very strong bearish price action after a rejection from the weekly resistance. Price currently has formed a strong head & shoulder on the 4H with a breakdown from the neckline. On the retest of the neckline, a sell trade is a high probability after rejection.

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