USD/ZAR Looks to Drop towards the 7.60 Level
November 27th, 2009
After stretching the Fibonacci Retracement lines, it becomes very clear that the pair is testing a very significant support level at the moment. If the pair will breach this level, the next support level looks to be located at 7.60. • The chart below is the USD/ZAR chart by ForexYard. • The technical indicators used are [...]