USDZAR: Cup with handle is in play

Long

U.S. Dollar / South African Rand (FX:USDZAR)

FX:USDZAR U.S. Dollar / South African Rand

usd-us-dollar technical_analysis forexsignals forex_signals forex

*Under-construction cup with handle is in play.
*Breakout above 12.45 is required to affirm the classical pattern.
*Momentum and trend indicators are positive, reinforcing our constructive bullish overview.

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