princelebg

princelebg

Still see evidence of downward bias over the medium term.

princelebg

Intraday long

princelebg

The 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