(9,0600) The DOLL/ZAR formed a positive day reversal yesterday but only a daily closing above 9,0830 will support further strength suggesting a return toward the 9,30 area! The indicators of the daily chart are however still below the line for now but those of the s/t ones are all positive supporting further strength. An hourly closing above 9,0830 will support a direct extension of the move up probably confirming also a reversed S_H_S formation with an up sloping neck line at 9,0900. While above the 200 hours line at 8,9950 we expect further strength!
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Future Trend Research