USDZAR - Update

Following on from the previous post, the minor support at R19.80 did indeed hold for the ZAR and the rand has strengthened to below the R19.25

The next hurdle is the 20ema at R19.16 which could open a test of the channel lows around R18.95

I still expect a test of R18.60-70 at some point.

Alternatively, if we score another "own goal" or the dolalr rallies, we could break back through R19.50 again which is the new support.