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USD/ZAR sits just below downtrend......>

SOUTH AFRICA
SOUTH AFRICA: USD/ZAR sits just below downtrend resistance drawn from the August
2018 highs, and the recent recovery is beginning to look somewhat overstretched.
The most profitable trading strategy for USD/ZAR over the past 12 months, the
all-in reversing accumulation/distribution oscillator strategy switched to a
short signal on March 5th, which is supported by the RSI fast approaching
overbought territory.

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