Indicators: Fibonacci Retracements, RSI, Volatility, Volume, HMM
Key price levels : 13.982, 13.01, 12.4982, 11.81
Weekly Charts pattern : Parallel bullish channel, W1 Chart.
Weekly Vision
The USD/ZAR currency pair can be traded considering a parallel bullish channel formed around 05/2012. The channel is characterized by a consistent number of rebounces on the support and resistance line.The stochastic hidden markov regimes and the Parabolic Sar support the possible forecast pattern inside th…