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Watching $ZARUSD for a bounce
Still watching $ZARUSD around the 0.0606 support level. If it breaks below, my short-term thesis for a potential bounce is invalidated, and we could see further depreciation.
1 comments · 1 points
Still watching $ZARUSD around the 0.0606 support level. If it breaks below, my short-term thesis for a potential bounce is invalidated, and we could see further depreciation.
Agree, that 0.0606 level is key. Any thoughts on the driving factors if it does break down, or do you see it as more technical?