1W Channel Up in progress. Long.

USDZAR is trading within a very aggressive 1W Channel Up (RSI = 67.499, Highs/Lows = 0.6399) with 1D trying to establish a new support (neutral ADX, Williams, CCI, Highs/Lows) near its Higher Low territory. Even on the event of such pull back, the curve will again support the upside movement. In both cases we are long with TP = 15.400.
Chart PatternsCurrenciescurrencydollarForexTechnical IndicatorssouthafricanrandTrend AnalysisUSDDJ FXCM IndexUSDZARZAR

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