USDZAR is making symetrical triangle pattern. Don't be in hurry to take short position. I would rather consider this as an opportunity but I think the price may retest. This is great opportunity 😊. Take advantage of it.
ASCENDING TRIANGLE PATTERN
It is observed that this pair is making Ascending triangle pattern. Tomorrow would be the important day for this pair. Must check this out.
Recently, It is observed that the pair EUR/USD is making ascending triangle.
Especially it is observed that all the moving averages which include 50,75,100 and 200 is above the price which suggest that it is downtrend.