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2023.06.26 09:30 ON USDZAR AT M5 🔼

South African rand

The South African rand (ZAR) is the currency of South Africa and is issued by the South African Reserve Bank. The South African rand has the symbol R. It is subdivided into 100 cents. The South African Rand (ZAR) is derived from the Dutch Zuid-Afrikaanse Rand (ZAR). Its name comes from the Witwatersrand, the ridge upon which Johannesburg is built, which had the biggest gold reserves in South Africa. The currency of the Rand is abbreviated as ZAR, as is the case with all other nations.

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sizabici wrote: Mon Jun 26, 2023 4:39 pm 2023.06.26 09:30 ON USDZAR AT M5 🔼

South African rand

The South African rand (ZAR) is the currency of South Africa and is issued by the South African Reserve Bank. The South African rand has the symbol R. It is subdivided into 100 cents. The South African Rand (ZAR) is derived from the Dutch Zuid-Afrikaanse Rand (ZAR). Its name comes from the Witwatersrand, the ridge upon which Johannesburg is built, which had the biggest gold reserves in South Africa. The currency of the Rand is abbreviated as ZAR, as is the case with all other nations.
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An exotic trade but not an exotic outcome ... ZAR made its move and it hit my SL. quite unpleasant to see the dollar weakening in such a way against the ZAT on this morning ...hmmm will follow EURUSD to see what happens further


Re: Sizabici's Commercial Signals (Telegram group) offer

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2023.06.28 04.15 ON EURGBP AT M15 🔼

The concept of change in polarity is based on the assumption that market participants who were previously buying at a support level would now become sellers when that level turns into resistance. Similarly, those who were previously selling at a resistance level would now turn into buyers when it becomes a support level. This change in market sentiment can lead to significant price movements as traders react to the new dynamics.

Traders often pay close attention to these changes in polarity as they can provide valuable insights into potential entry or exit points for their trades. By identifying and analyzing these key levels, traders can adjust their strategies and make more informed decisions about when to enter or exit positions in the forex market.
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