USDZAR is in downtrend Price broke neckline of double top pattern at level 16.8078 with strong bearish movement Price is based below HVN at level 16.6595 which indicates pair is in distribution phase Below SMA 100 MACD shows weakness in bullish momentum RSI is below level 50 It's expected going down towards support level at 16.4025 as classical target from double top pattern then finally target demand zone at level 16.0900
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