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USDZAR Potential Short

Short
U.S. Dollar / South African Rand (OANDA:USDZAR)  
ThePinnacleTrader  
OANDA:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
Technical analysis shows prices on a sesnsitive level with multiple rejects. Ascending channel further strengths a bearish reversal. From Daily to the 15 minute timeframe bulls show a slight loss in upwards momentum. After a bearish reversal a continuation pattern confirms sell positions.

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