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Resistance line breached by USDZAR

USDZAR has broken through a resistance line of a Channel Down and suggests a possible movement to 18.2604 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

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