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Watching USDZAR at 16.56 resistance
I'm keeping an eye on $USDZAR; it looks like we're bumping up against the 16.56 level, which has acted as pretty firm resistance recently. A clear break above that, especially with some volume, would invalidate my current thinking of potential downside pressure.
2 comments · 3 points
Agree, that 16.56 level has been stubborn. What's your next key support if it rejects again?