USD/ZAR ANALYSIS

The DOLL/ZAR is confirming no big changes for now while interior the big triangle.
The indicators of the daily chart are still below the line but those of the s/t ones are positive this morning supporting some upside potential. Only an hourly closing above 8,1050 will however confirm higher levels aborting also the still living potential negative reversal situation.
We suggest remaining on the sideline while waiting for stronger signals!!

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FUTURE TREND RESEARCH