USD used to be in see-saw situation everytime before the FOMC statement and the best pair to look for USDZAR now. Because it is in exact condition to choose either bullish or bearish. Please find the daily chart analysis. On 16th July, a bullish engulfing candle was formed but after that there is no sign of further bullishness and it is struggling below for long time. This is perfect situation to add further bearishness. Hence considering the FOMC, we can place the bullish order on blue line and bearish order on violating the red line.
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