how_to_trade_sa

Are we going to R9.4 to the Dollar? Within a year from today?

Short
FX:USDZAR   U.S. Dollar / South African Rand
6
Let's cut our pessimistic views of South Africa and just look at the chart.
Both the 200MA and 50 MA pointing downards.
No signs of a RSI divergence.
Crossed the 13 line of value / resistance
Head and shoulders / Descending triangle target is 9.41

Retest of the 13 and rejected


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