Bullish Bias on USDZAR (W Formation)
Clear W formation on the 4HR for USDZAR. Will it complete and the pattern and push to the upside possibly hitting the 14.30 -14.35 range or will it push down and break the 13.95 range of support? If the bullish bias is kept we would be expecting a reaction around the 14.32 range of major support to plan the next move. TP 1 on the current setup it set at 14.16 - 14.18. Comments will be appreciated.
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