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U.S. Dollar / South African Rand
Long

USDZAR Weekly Chart

By Technical_AnalystZAR
Hard to admit, but USDZAR is on an uptrend. I believe we have found a bottom between 17.69 and 17.50. In this area, we can place our buys. Tomorrow it's NFP and we may see a sharp drop towards 17.51 an then the bullish run will commence. Hopefully price can drop to 17.51 before the news release, that way we can be certain to buy before the news release. Good luck everyone, may we all be profitable. Check out my GBPUSD analysis
Chart PatternsTrend AnalysisWave Analysis
Technical_AnalystZAR
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