Geeves

Weekly Close at 15.16 (open 15.35)

FX:USDZAR   Dólar EUA/Rand Sul-africano
Did we had a cycle high 5 weeks into the next cycle?
How SA roleplayers accept @tito_mboweni economic growth
plan will be telling on how the market reacts. Sunday night opening
in the east will be telling.

Currently we are trading under the FIBONACCI ratio 61.8% (range: 17.76 Jan '16 to 11.51 Feb '18),
if we are ambitious we will aim for the 38.2% (13.89) which is in line with the 200 SMA (13.87).
The Africa Milk Index indicates the ZAR should be closer to 12.43

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.