Channel Down on 1D. Short. Short

South African Rand/Japanese YenFXCM

Description

⋅ Jul 5, 2018 7:47 PM

ZARJPY is approaching the Lower High limit on the 1D Channel Down (RSI = 47.58, MACD = -0.108). This is a solid medium term short opportunity for the November 13, 2017 low = 7.774 and 7.654 in extension.