USDZAR Short

Price was rejected at a support zone , pushing it back up to the resistive trendline. Price appears to be getting rejected at the resistive trendline, presenting a short opportunity for USDZAR . The first target would be the previous support zone at which price was rejected. Price appears to be showing bearish pressure, improving the odds for this trade. However, a break and retest above the resistive trendline will invalidate this idea.

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