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Geeves
Aug 12, 2019 10:02 AM
Next target R15.70 - why would you want to own Rands today?
Long
FX:USDZAR
1W
U.S. Dollar/South African Rand
FXCM
Description
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Aug 12, 2019 10:02 AM
I don't see much in the form of resistance.
Trend Analysis
Chart Patterns
Technical Indicators
Comments
lentus
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Aug 12, 2019 4:47 PM
why would you hedge your rand exposure with bitcoin which is extremely volatile? why not just buy dollars or swiss franc? makes no sense to me.
Geeves
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Aug 13, 2019 9:25 AM
@lentus
, well your options are gold, silver & bitcoin
I have a bit of all three. Bitcoin has the higher x.
lentus
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Aug 13, 2019 11:02 AM
@Geeves
, why not USD or CHF? I mean you're looking at USD vs ZAR chart ;)
Geeves
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Aug 13, 2019 11:15 AM
@lentus
, it is the only chart I publish
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