Fx News

USD/ZAR has the all-time high at 19.3446 in its crosshairs – Credit Suisse

USD/ZAR has maintained its uptrend for the duration of the 0.33 quarter of 2022. Analysts at Credit Suisse see manageable to attain the all-time excessive at 19.3446.

Uptrend from April at 16.8571 to curb any correction lower
“We count on a strong ruin above 18.0709 to in the end take place, even though we assume there is clearly room for in addition ascent to comply with toward the all-time excessive at 19.3446.”

“We appear for the uptrend from April at 16.8571 to curb any deeper correction decrease to maintain the upside stress in place.”


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