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Forex101analysis

Waiting for confirmation

U.S. Dollar / South African Rand (FX:USDZAR)  
Forex101analysis  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Technical Indicators
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trendanalysis indicator
• Initial support seen at 15.10
•USD/ZAR has confirmed a multi month inverse Head and Shoulders denoting possibility of extension in uptrend. Daily MACD has crossed above its trigger and is in positive territory which points towards prevalence of upside momentum.

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