USDZAR: Sharp Bullish Reversal Off Double Triggers Highlighted - Wednesday, 03 July 2024
- Lester Davids
- Jul 3, 2024
- 1 min read
Sharp Bullish Reversal Off Double Triggers Highlighted
(1) Reading via Tactical Trading Guide (see original chart below) - Tuesday 18 June at a print of R18.05 at 18h32 in the evening.
(2) Bullish Divergence (see original chart below) - after the close of trade on Friday 21 June at a print of R17.92.
We have since seen a sharp bullish reversal on the currency pair, with a high of R18.66 during Tuesday's (yesterday) session.
Lester Davids
Analyst: Unum Capital
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