SigmaOptionWriters
DailyGraph
The Rand continued to weaken again during the course of last week, on the back of a stronger Dollar, this after it touched a new all-time weakness at R14.43 to the dollar followed by a pullback showing strength back below the R14/$ mark. This morning the Rand is flirting again with resistance at R14.40, just 3 cents off its all-time weakness. Nearby support is seen at R14.30 and R14.20 with resistance at R14.40 as shown in the graph below
DailyGraph
The Rand continued to weaken again during the course of last week, on the back of a stronger Dollar, this after it touched a new all-time weakness at R14.43 to the dollar followed by a pullback showing strength back below the R14/$ mark. This morning the Rand is flirting again with resistance at R14.40, just 3 cents off its all-time weakness. Nearby support is seen at R14.30 and R14.20 with resistance at R14.40 as shown in the graph below