afrique du sud obligations daily analysis Hi friends
the daily chart of this market will experience with a very high probability a low trend in the coming days but at the same time it is better to be vigilant of the change towards the opposite direction of the market
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ZA30Y trade ideas
ZA30YThe structure of the downward sloping channel is indicating further downside with the ZA30Y. Which could possibly see the strengthening of the South African Rand. The reason behind the optimistic assessment of the economy, this could probably be tied to positive negotiations happening between China and USA and improved outlook within the emerging markets