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The ZARJPY went down by 20% from Feb , this deep correction caused an oversold situation , look at the RSI and CCI oscillators , that in the medium period could cause a bounce .
In this case the pair could increase up to reach the static resistance placed to 8.5 ; the ideal target for Oct , i think
In this case the pair could increase up to reach the static resistance placed to 8.5 ; the ideal target for Oct , i think
