ZARJPY: Approaching the Resistance. Long

South African Rand/Japanese YenFXCM

Description

⋅ Dec 3, 2018 10:35 PM

The price action has been narrowed down from a Channel Up to a Rising Wedge on 1D (RSI = 63.891, MACD = 0.106, Highs/Lows = 0.0795). Technically every pull back up to 8.000 is a buy towards the 8.550 Resistance (ext. 8.876).

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