The Rand seems to have a double top formation on the price action, which suggests that the ZAR is to strengthen to the USD in the coming months/years
The MCB also printed a lower high, which suggests momentum to the downside
The MCB also printed a lower high, which suggests momentum to the downside
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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.