FX:USDZAR   U.S. Dollar / South African Rand
Currently forming the B wave of the Final Y wave of our correction.
Expecting a spike up to 13.85 then a slow bleed to 13.43 to test support before an expansive move up to 14.10 or so. We should see a nice drop towards the second half of the year into the 12.60 Area.
A little bit of sideways movement / accumulation then the final leg up to test the previous high around 15.60ish.
Expecting a massive move down to sub R12.00 after that to complete the giant Flat correction currently in play

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.