Lights Out!
Any traders who might be long the ZAR, should caution todays movement. Should we formally (close above) break back into the Symmetrical Triangle and close above the 50-day moving average (R14.82) again, could most probably see us testing the R15 levels next. Next resistance level is R15.13.
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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.