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adolfoosthuizen

USDZAR - Let's blame it on Covid (Goverment)

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
adolfoosthuizen  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Wave Analysis
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trendanalysis waveanalysis
Considering Elliot Wave theory, we might have completed wave four and now have an upside target towards our final wave five of well over R20 to the USD. But in Short term, my first upside target is on the 0.382 of the FIB taken on the monthly bearish impulse.
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