TheBankTrader
Long

USDZAR - Bullish Divergence

FX:USDZAR   U.S. Dollar/South African Rand
Price is currently finding support on the daily and four hour charts. The last candle closed with bullish intentions.We also have have bullish divergence and proce is over sold. All this indicates that price will be move up. It could reach next resistance point and if it breaks that we could see it move higher.
Comment: Price is approaching the first 4 hour resistance.
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