South Africa: Daily FX Technical Strategy – Inside week keeps ZAR bears in control

As the trading quarter, month and week draw to a close, while USD/ZAR holds above 9.15 the risks are that the larger YTD uptrend is intact for now. The inability to slide towards 9.15 signals that the ZAR bears hold the edge going into next week. Our intraday range for today is 9.18-9.28

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