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Shingi_Lesetedi
Oct 4, 2020 6:58 PM

USDZAR Bullish Projection Long

U.S. Dollar/South African RandFXCM

Description

We could expect a breakout from the triangle pattern shown here. We have already seen a bullish impulse move that took out previous structure highs. Upon completion of the pullback we could see a longer term bullish move with corrections. We can also see a head and shoulders structure forming which upon confirmation we could see a strong rally.
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