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USD/ZAR Analysis


Elliot Harris

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After rising against the South African rand to the resistance around 19.15, the US dollar trades between this level and the support around 18.93. A consolidation above support would allow the dollar to break the resistance and test 19.20–19.25; a loss of support would lead to a decline towards 18.85–18.80.

usdzar-d1-riston-capital-ltd-2.png

 

 

Edited by Elliot Harris
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