U.S. Dollar / South African Rand
Short
Updated

USDZAR W5 JAN 2020

75
Have been shorting this since last year and it’s still a bear. 14.54988 represents a critical support and resistance zone. price bounced and rejected off this level multiple times. At H4, price broke the ascending trendline and has pulled back, CMP currently at 61.8% fib level.

If price breaks above 15.00000. setup will no longer be valid
Trade closed: stop reached

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