USDZAR - Pending Change In Short Term Trend
- 4hr USDZAR is signaling a potential bullish reversal.
- RSI bullish divergence and pending trend line breakout
- Should we see ZAR weakness emerge, this may be negative for the SA Inc shares (e.g. the banking sector) which has advanced strongly in recent sessions.
- On the upside, rand hedges should find support.
- RSI bullish divergence and pending trend line breakout
- Should we see ZAR weakness emerge, this may be negative for the SA Inc shares (e.g. the banking sector) which has advanced strongly in recent sessions.
- On the upside, rand hedges should find support.