USDZAR might find support in bullish channel

2019-12-13 01:24:41

Price is currently holding support at a key flip zone that has served as support and resistance in the past. Price is however still consolidating within a triangle pattern. If we get good price action we might see a rise to the resistance zones marked in the distant future. The TDI indicates a bullish bias but we might see consolidation as price is near the 50 level.