Willco95

UASDZAR looking to put in a bottom

FOREXCOM:USDZAR   U.S. Dollar / South African Rand
we have finally reached the weekly supply zone that we have been waiting for since june. Momentum is still strong, so you wold expect to see some sort of basing/accumulation forming at these levels. Looking at the daily chart, we can see them starting to slow it down, however, we will look for the weekly to continue to hold support.
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