FOREXCOM:EURZAR   Euro / South African Rand
Trend Is Your Friend
1. One touch, Two Touch and Three Touches
complete a trend.
2. EMA acting as dynamic resistance
3. Market has entered an area of sensitivity
@ 19.8000 also know as a psychological level
where institutions place orders and take profit
4. Waiting for 3 two hour candles to show signs
of rejection to place sell order
5. Sell @ 19.70000 and SL @ 20.10000
TP @ 18.80000
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