Shuael's Blog

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USD/ZAR up to 11.1895

General:
The pair is in a main uptrend but it couldn't pass the resistence level around 11.3523
Expected rate of the pair for 2n of January : 11.1895
Support: 10.9513; 10.8400
Resistance: 11.1895; 11.3523
On the weekly chart:
On the weekly chart i pointed out the main up trend and the 3 attempts by the price to pass the resistence level.
On the daily chart:
On the daily chart i pointed out the possible path that the price may make, i think it will hit again the resistence level and then it will …
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EUR/CAD down to 1.3640

General:
The pair is in a main downtrend from March of this year.
Expected rate of the pair for 2n of January : 1.3640
Support: 1.3913; 1.3640
Resistance: 1.4062
On the weekly chart:
On the weekly chart i pointed out the main downtrend
On the daily chart:
On the daily chart i pointed out the main downtrend line which i think the price will follow as drawn below.
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