The GBP continues to fall, what else is important?
Tag - zar
USD/ZAR met resistance at the line connecting September and October highs and turned down.
USD/ZAR met the resistance of the line connecting September, March and May highs in the 14.50 area.
What is important today?
Some fresh analytics for today
USD/ZAR rebounded from the 200-day MA at 14.18 and went up through the 100- and 50-day MAs.
Check the levels for EUR/USD, USD/ZAR and oil
We have come to the second month of 2019 and it’s time to take a deep breath after the crazy run of the year, evaluate what has already happened and make some precisions on the upcoming months.
It looks like USD/ZAR has overdone its increase in the short-term
USD/ZAR has recently breached down the support line from February lows.