Chart of The Day $USDZAR 10-12-2016

On the USDZAR daily chart we see strong retrace all the way to important pivot 14.4600 and also 100 SMA 14.3271 which rejected the pair on a way higher. Today correction of a yesterday big swing is on the way and we could see a retest of 14.000 zone before any directional move.

Happy trading! (click on the chart to enlarge it)



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