USDZAR reversal trend

١٨ أغسطس ٢٠٢٠

The market was in a steep movement which isn't sustainable, the market broke the 1st support line and retested the resistance level. The second support trendline was set on the reversal point and the market broke the second support trendline, third support trendline was set at the lower low of the price action and the market broke the trendline, price action is retesting the new resistance, Bears are in control