- After weeks of dollar weakness, the rand has moved down to an area of major support on the weekly timeframe. (200ma)
- Its likely that we may weaken here against the dollar
- Stochastics turning up from oversold levels.
- US markets coming off the boil will bolster dollar safe haven .
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Its likely that we may weaken here against the dollar
- Stochastics turning up from oversold levels.
- US markets coming off the boil will bolster dollar safe haven .
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
