USDZAR - Do we break the 20ema?
- Overhead resistance capped the move for the dollar and price has now gone to test the 20 day moving average.
- Trend is still intact and this is so far a 'corrective' move.
- ZAR Longs will want to break and hold R17.55 to open a move towards possibly R17.00
- A close above R17.87 could signal further weakness
- Trend is still intact and this is so far a 'corrective' move.
- ZAR Longs will want to break and hold R17.55 to open a move towards possibly R17.00
- A close above R17.87 could signal further weakness
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