Depending on what the rand will do within the next couple of days. Rounding top pattern might be unfolding (see the black pattern). Rounding top patterns may form at the end of an extended upward trend and this pattern may indicate a reversal in the long-term price movement. Wait for further bearish technical confirmation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.