Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 10.24
USDZAR has recently reached a resistance zone around (10.45 ) price level from which retraced lower forming a lower low support level at (9.55) than the previous support which was at (9.61) price level.Even though looking back the trend may induce the ideea of a range i think the price development in the future is heading towards a cha…