(9,1130) The DOLL/ZAR confirmed on Friday a weak closing below the support of the previous session. A daily closing tonight below 9,0620 tonight will confirm a s/t top supporting a return below 9,00!! The indicators of the daily chart are however still positive as well as those of the weekly one where the closing was positive. The indicators of the s/t charts are mixed at the moment suggesting further consolidation. The s/t scenery is mixed; only an hourly closing below 9,0620 will postpone further strength favouring a deeper correction with the 200 hours line at 9,0431 the first attraction. We suggest waiting for a possible correction below 9,00 to buy!
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Future Trend Research