Are we going to R9.4 to the Dollar? Within a year from today?
Let's cut our pessimistic views of South Africa and just look at the chart.
Both the 200MA and 50 MA pointing downards.
No signs of a RSI divergence.
Crossed the 13 line of value / resistance
Head and shoulders / Descending triangle target is 9.41
Retest of the 13 and rejected
Both the 200MA and 50 MA pointing downards.
No signs of a RSI divergence.
Crossed the 13 line of value / resistance
Head and shoulders / Descending triangle target is 9.41
Retest of the 13 and rejected