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LD_Perspectives

USDZAR - Pending Change In Short Term Trend

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
LD_Perspectives  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
3
2
trendanalysis chartpattern indicator
- 4hr USDZAR is signaling a potential bullish reversal.

- RSI bullish divergence and pending trend line breakout

- Should we see ZAR weakness emerge, this may be negative for the SA Inc shares (e.g. the banking sector) which has advanced strongly in recent sessions.

- On the upside, rand hedges should find support.
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