(10,2600) The DOLL/ZAR confirmed in the last few sessions all positive target on the way up. The slope of the move up is getting steeper and steeper and of course dangerous. Nevertheless it is possible to see a further extension toward the 10,50 area! The indicators of the daily chart are still well positive but now also well overbought while showing potential negative reversals. In our view this move up is therefore a selling opportunity!! The indicators of the s/t charts are also positive but well overbought. We started selling small at 10,2560 ready to sell more above 10,35!!
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