Hello everyone:
Few USD pairs have picked up some momentum, and USDZAR certainly is shaping up for the continuation.
Latest price shows us a descending channel reversal, and we see a LTF bullish impulse, breaking out.
The confirmation here would be to wait for a continuation correction on the LTF for entry to the next swings high area as a potential target.
Thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.