FX:USDZAR   U.S. Dollar / South African Rand
I SEE A HEAD AND SHOULDER,USDZAR IS AN EMERGING MARKETS AND THESE MARKETS ARE CURRENTLY GOING THROUGH A HARD KNOCK, AND WITH THE COMING ELECTIONS IN SOUTH AFRICA ON WEDNESDAY I FORESEE AN EVEN WEAKER RAND.WE MIGHT SEE A RALLY FROM 14.50'S TO 15.20'S OR EVEN HIGHER DEPENDING ON THE OUTCOMES OF THE ELECTIONS.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.