FX.co ★ USD/ZAR

Hello traders, Well, my friends, there's not much to add here for now, the southern signal remains valid. Buyers still haven't managed to take the lead to show their strength. But as they say, hope dies last, and I will rely on the daily levels. So, for sellers, the target is to update the level at 15.8482, which will send the price back to the minimum, especially since the Asian minimum was well received. As for buyers, they need to break above the level of 15.9697, which essentially acts as a barrier to change the price trajectory from south to north. It seems like they are dragging this out until Friday, and then a pullback might occur. Also, a reminder that the daily price is currently testing the support level.