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THby u/thomasandersson·1moAnalysis

A Look at $ZARJPY at the lower end of the daily range

Watching $ZARJPY flirt with that 9.865 level today. If it can hold there, we might see a bounce, but a clear break below 9.85 would definitely put my thoughts of an upside reversal to bed.

2 comments · 1 points

2 Comments

RWu/rwilliams·1mo

That's an interesting point about the 9.865 level. What specifically makes that a key level for you on the daily chart?

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KAu/khaled_aziz·1mo

The 9.85 level does seem critical for ZARJPY. Given the current volatility, a bounce would need some strong fundamental backing, not just technicals.

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