WILL SA BEAT USD ??

TECHNICALS

The rand has never need a strong competitor against the green backs but technically the may win this time and here is why
on the daily timeframe we note that prove has come to a daily reisistace zone of 15.45085 and we see that price has wicked out eveytime within that zone
he rsi price has touched the over bougth line being at 70.00

FUNDAMENTALS TO LOOK OUT FOR

FRIDAY, NOVEMBER 12
15:00
USD Michigan Consumer Sentiment Index(Nov) PREL
17:10
USD Fed's Williams speech
SPEECH
17:10
USD Fed's Williams speech
Chart PatternsFundamental AnalysislungufxTrend AnalysisUSDZAR

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