Analysing the 1H USD/ZAR chart, we see a potential long position.

imagen

We have plotted Support and Resistance levels, where we see the price is trading close to the 1H Support level. We see the price channeling upward to the R14.5865 level at minimum. We have taken a 5 lot position


USDZAR

Entry: R14.3153
TP; R14.5865
SL: R14.2240
Trend Analysis

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