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bilgeyts

USDZAR daily chart

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
bilgeyts  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis USDZAR
2
0
trendanalysis usdzar
Hi, ZAR is overvalued (fairvlue is 19) and sooner or later it will lose the excessive value.
On this daily USDZAR chart, I made a reference circle for earlier price move and a new circle for price move assumptions.
I do not will but I expect to see the ratio over/around 20.
This is only my idea, not an investment advice
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