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InvestingScope

Target hit. Channel Up continuation. New Long.

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
InvestingScope  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators USDZAR USD ZAR DJ FXCM Index southafricanrand dollar RAND Forex Currencies
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trendanalysis chartpattern indicator usdzar usd zar usdollar southafricanrand dollar rand forex currencies
TP = 15.400 hit, quicker than expected, as the 1W Channel Up (RSI = 57.959, MACD = 0.486, B/BP = 1.1840) aggressively moved towards a new Higher High. Equally aggressively it has pulled back (Highs/Lows = 0) to a new Higher Low on our projected curve support. We have already bought this low and our long's TP is 15.88200.
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