The usd/zar increased by 160% between the Q3 of the 2011 and the Q1 of the 2016 , an impressive run that seems definitively ended ,in fact the pair some months later its peak have breached down the moving average of long period and is down by 24% from it , currently
A fall that should to continue in the coming weeks considering that the pair is below the static support provided by the Fibo expansion( 100% line) and the RSI oscillator is to 39 . My target is the 161 % line for july .
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