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GrantShuttleworth
Nov 15, 2016 9:22 AM
Looking for reversal opportunity at 14
Long
FX:USDZAR
120
U.S. Dollar/South African Rand
FXCM
Description
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Nov 15, 2016 9:22 AM
Reason
1. I think if we continue to see dollar strength then the emerging markets will continue to weaken.
2. This is also a big round number level. Traders will be reacting here.
Hopefully a pinbar will give us an opportunity on this one.
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