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InvestingScope

AUDZAR: Buy signal on the 1D Channel Down.

Long
AUSTRALIAN DOLLAR / SOUTH AFRICAN RAND (FX_IDC:AUDZAR)  
InvestingScope  
FX_IDC:AUDZAR   AUSTRALIAN DOLLAR / SOUTH AFRICAN RAND
Trend Analysis Chart Patterns Technical Indicators AUDZAR aud ZAR australiandollar southafricanrand Forex Currencies currency
9
0
trendanalysis chartpattern indicator audzar aud zar australiandollar southafricanrand forex currencies currency
The pair has made a potential Lower Low within the 1D Channel Down (RSI = 37.943, MACD = -0.070, B/BP = -0.1402) and although it may extend a little lower towards the 0.97234 1W Support, it should technically rebound towards a Lower High. We have estimated this at 10.200 and this is our TP.







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