FXMarketAlerts Team
FXMarketAlerts
Published at 06:54 (GMT) 26 Feb
26 Feb USD/ZAR Daily
06::50GMT - Recovery off Wed's low failed at 11.5250 and this is first res. for today closely followed by 11.54/5. While some sideways/higher action may be possible next few hours, we think more downside will follow. Next potential target is around 11.36. N.
R5: 11.68/70 intraday level
R4: 11.6713 * Tues high
R3: 11.60/61 intraday level
R2: 11.54/5 intraday level
R1: 11.5250 intraday level
S1: 11.4025 Wed low
S2: 11.3614 * Jan low
S3: 11.3280 break area
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