Your Morning Market Podcast 12 June 2017

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Currencies in focus, USD/ZAR & EUR/USD

 


GT247 Analyses | Currency Pairs

 

EUR/USD - Had a minor pullback last week but seems to have regained upside momentum. Needs to close above 1.12 for bullish move to be confirmed.

EURUSD Chart.gif


 

 

USD/ZAR -  Holding on quite well despite Moody’s downgrade on Friday, expect upside in rand sensitive stocks if strength is sustained.

USDZAR Chart.gif

 

 

 

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Musa Makoni | Trading Specialist at GT247.com


Wishing you a profitable day of trading.

 
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