jcds

USDZAR watch out for weekly channel exit

FX:USDZAR   U.S. Dollar/South African Rand
USDZAR             on weekly timeframe is going to exit from weekly channel. Or will it rebounce towards lower levels? Put it on watchlist.
mmmh, after this news, I'm ore for further weakness ... ; )
http://m.fin24.com/fin24/Markets/Currencies/rand-slumps-as-futuregrowth-halts-loans-to-state-firms-20160831?isapp=true
+1 Reply
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