EMERGING MARKETS: CEEMEA FX Price Signal Summary - Corrective USDZAR Cycle
* A bear cycle in USDZAR remains intact and short-term gains are considered corrective - for now. However, resistance at the 50-day EMA currently at 16.2316, has been breached. A clear break of the average is required to signal a stronger near-term reversal. This would open 16.5327 initially, the Aug 4 high. For bears,