USDZAR ANALYSIS Long

U.S. Dollar/South African RandFXCM

Description

⋅ Jan 25, 2021 8:49 AM

Pair rebounded from key level at 14.8945 with strong bullish movement
Price broke upper edge of falling wedge pattern
Above SMA 100
It's expected to target resistance level at 15.3760

Comments

ProjectSyndicate

⋅ Jan 25, 2021 10:42 AM

clean breakout of descending trendline, seems logical that we get more green later this week.

MMFXSignals

⋅ Jan 26, 2021 9:42 AM

@ProjectSyndicate, right ... let's see what will happen in the coming hours