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TCMTrader1
Feb 7, 2019 10:39 AM

USDZAR - Updated 

U.S. Dollar/South African RandFXCM

Description

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
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