Peet_Serfontein

USDZAR: some rand strength on the horizon (again)?

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FX:USDZAR   美元/南非兰特
A BEARISH bias (rand strength) is applicable below 14.88
Trade setup probability: -41%. Target: 14.72. Stop-loss: 14.94.
Downside price momentum supports the bearish trend. RSI is at 39 – leaving room for further downside price potential.
SA Budget speech: Expected date, 24 February 2021.

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