Peet_Serfontein

USDZAR: rand weakness remains intact above 14.90

Long
FX:USDZAR   U.S. Dollar / South African Rand
Upward price momentum is halting.
The price action might re-test the 14.90 support.
Comment:
Rand strength is now applicable for a break below 14.90. The pair might re-test its 200-day simple moving average at 14.63.
14.90 acted as an epicentre (change in trend direction).

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