The chart in currently in a solid down trend since hitting a high of R77.60 in March 2022
A support zone has been reached R35-R40 and is likely to provide some temporary relief or possibly be a turning point but much needs to be done to break through overhead supply.
R45 first likely resistance area.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
A support zone has been reached R35-R40 and is likely to provide some temporary relief or possibly be a turning point but much needs to be done to break through overhead supply.
R45 first likely resistance area.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.