The ZAR broke out of R19.50 and has reached next "minor" support at R19.80 ...
The level corresponds with the measured target of the flag pattern breakout.
A retest of the break level is likely to occur, but one cannot predict if it happens before the next level (R20) or after. (We can just follow the lower timeframes for direction).
The level corresponds with the measured target of the flag pattern breakout.
A retest of the break level is likely to occur, but one cannot predict if it happens before the next level (R20) or after. (We can just follow the lower timeframes for direction).