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Geeves

EURZAR formed a Cycle High (Weekly)?

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EUR/ZAR (OANDA:EURZAR)  
Geeves  
OANDA:EURZAR   EUR/ZAR
Trend Analysis Technical Indicators
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trendanalysis indicator
High probability, cycle high formed 4-weeks into a possible 28 weeks cycle, to form the next cycle low. This cycle can be as low as 16 weeks.
Triangle suggest support around the 200 SMA - 15.75.
Important to keep eye on the political climate in SA. It is not normal, current events can make markets jittery, or is it normal now?
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