(9,9540) The DOLL/ZAR confirmed a negative closing last night after a retest of the 10,09 area forming even a negative day reversal. A daily closing tonight below 9,84 will confirm a s/t top supporting a retest of the 9,66 level. The indicators of the daily chart are however still well positive as well as those of the weekly one. The indicators of the s/t charts are instead mixed suggesting further consolidation. While above 9,8400 on an hourly closing we expect another test on the upside. A move below the support will instead confirm a negative reversals suggesting a s/t target at 9,63!! We wait for further confirmation.
Read the full report: USDZAR 06.07
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