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Goose96
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UsdZar: The wedge continues...
USDZAR
, 1DLong
USDZAR: UsdZar: The wedge continues...

The pair is working into a wedge and it's being squeezed by the 50- and 200-day EMA's. I expect the 200-day EMA to hold but tomorrow's ECB meeting could see funds flowing to emerging markets which places the 200-day EMA at risk of being broken. Opinions?

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