@staringatskyline, Well I was talking to another trading partner just now. He thinks it's a reversal and price will go back up. If it breaks this key level I think he may be right..we really can only watch closely and see and maybe study fundamentals as well. Fundamentals are huge with this pair..what's going in in South Africa economy.
@staringatskyline, I really believe it is more bearish and this is a correction. He didn't say anything about fundamentals. He doesn't trade off fundamentals just technicals. How the next couple of candles on the 4 hour and above close on Sunday will say a lot.