EUR/ZARبيع
EURZAR - break lower
Trade what we see:
EURZAR on the higher time frame trading on a bullish trend line (support).
On the 4hr chart, we see a clean break with a lot of sellers entering the market.
We saw an exhaustion phase and the buyers successfully re-tested the same trend line which has now turned into resistance.
This new trade is joining the next wave of sellers entering the market.
EURZAR on the higher time frame trading on a bullish trend line (support).
On the 4hr chart, we see a clean break with a lot of sellers entering the market.
We saw an exhaustion phase and the buyers successfully re-tested the same trend line which has now turned into resistance.
This new trade is joining the next wave of sellers entering the market.
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