(9,2360) The DOLL/ZAR is confirming further consolidation interior the 9,25 – 9,10 area. Only a daily closing above 9,25 will support further strength. The indicators of the daily chart have turned positive after the positive closing on Friday and also those of the weekly one are above the line supporting further strength. The indicators of the s/t charts are also positive with bearish divergences confirming a positive tone. The move up is confirming a positive reversal suggesting a s/t target qt 9,4735!! In the s/t only a move below 9,20 will postpone the move up favouring a retest of the 9,1050 , now s/t key level!! We expect higher levels.
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Future Trend Research