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Noteworthy USD/ZAR Levels On a Move Below 15.00

SOUTH AFRICA

USD/ZAR Major downside levels to note:

  • Breakout through 15.00 opens up SUP1 at 14.7742
  • Minor SUP2 at 14.495-14.45 on Mid-Jan 2020 highs
  • Next Major SUP3 at 14.2078 in line with bear channel base drawn off April 24 high
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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