- 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.
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Disclaimer
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.