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The last pullback from the Moving Averages led to form a new local high, so there's a 'Thorn' pattern, which has been confirmed. In this case, it's likely to have a local correction towards the nearest support at 0.7151 - 0.7147. This area could be a starting point for another advance in the direction of the next resistance at 0.7198 - 0.7206.
U.S. stocks are set to open higher Friday, although gains are likely to be limited with the market set to close early in the aftermath of the Thanksgiving Holiday.
Asian shares stalled near record highs on Friday
US markets are closed for Thanksgiving on Thursday, that's why the volatility falls. However, there are still some interesting movements!
U.S. stocks are set to open higher Friday, although gains are likely to be limited with the market set to close early in the aftermath of the Thanksgiving Holiday.
Asian shares stalled near record highs on Friday
CIBC anticipates USD/ZAR will end 2020 at around 15.15, and 2021 at 14.95.
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