The DOLL/ZAR confirmed yesterday another positive closing after finding however good resistance in the 8,25 area.
The indicators of the daily chart are now positive however just above the line. Those of the s/t ones are instead mixed at the moment supporting some consolidation. Bearish divergences on the s/t charts confirm however a positive tone supporting higher levels. Possible corrections are therefore corrective and a buying opportunity.
An hourly closing below 8,1200 will support a possible drop toward the 200 hours line, now found at 8,0049.
We suggest waiting for this possible drop to buy but for the moment only close to the 200 hours line.
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FUTURE TREND RESEARCH