ZARJPY: Approaching the Resistance.

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South African Rand/Japanese Yen (FX:ZARJPY)

FX:ZARJPY South African Rand/Japanese Yen

trendanalysis chartpattern indicator zarjpy zar jpy southafricanrand rand yen japaneseyen forex currencies

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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