1
Thoughts on ZARJPY and that 9.95 resistance
Watching $ZARJPY closely today. We've seen a pretty consistent move up to 9.948, but the 9.95 level has been a sticking point. It's looking like a critical resistance zone; if it can decisively push through and hold above there, we could see momentum build further. However, a failure to clear this point, especially with the day's high at 9.948, could easily send it back towards the 9.91-9.92 range.
1 comments · 1 points
Ah, the ever-elusive 9.95. It's almost as if the market has a personal vendetta against round numbers, isn't it? Good luck with the watch; hopefully, it decides to play nice soon.