USD/ZAR Outlook: Doubtful South African Rand Centers On FOMC

A bullish outcome from the economic data throughout the week may see a subsequent push to 14.9000 and beyond to the July swing high around 15.0000.

Resistance levels:

  • 15.0000
  • 14.9000

Support levels:

  • 14.7500
  • 20-day EMA (purple)
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