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USDZAR rise to 2020 high

Amerikanska dollar / Sydafrikanska rand (OANDA:USDZAR)  
Xayah_trading  
OANDA:USDZAR   Amerikanska dollar / Sydafrikanska rand
Trend Analysis Technical Indicators Fundamental Analysis USDZAR Forex futures signals xayahtrading
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The rand has lost ground to the dollar, rising above moving averages. Weaker US data and lower inflation affect the situation. Both South African and US GDP missed estimates. The 19.35 marker is resistance, while the 200 SMA and swing low of 18.044 are support levels.
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