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UnknownUnicorn897809

USDZAR

Long
U.S. Dollar / South African Rand (FX_IDC:USDZAR)  
UnknownUnicorn897809 Updated   
FX_IDC:USDZAR   U.S. Dollar / South African Rand
Trend Analysis USD USDZAR ZAR
2
5
trendanalysis usd usdzar zar
Rand way over-valued, should be at least in the 14.00s by the end of the year. Long dollar
Comment:
So, this weekend, that governing party of South Africa, the ANC (African National Corruption) are having a conference to elect a new leader.

Should Jacob Zuma's wife be elected, this country is FUCKED, this currency is FUCKED, we are all FUCKED. But you'll make money on this trade so it's ok.
Trade closed: stop reached:
Ramaphosa being priced in. May see a sudden turn of events if Zuma's wife gets elected somehow
Comment:
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