OANDA:USDZAR   U.S. Dollar / South African Rand
OK.... So this is not necessarily how this should be counted, but I'm showing you the weekly which shows a 7 swing type structure (or 9 swing). If you look at it in more simple terms of A-B-C, then I would still expect a 50-62% retracement IF it was to do a longer "C" wave. I'll do a short video on ezar and uzar sometime today, see link below. I will have to do another post to show you the daily or 4 hr. You have to be careful with these ZAR pairs and understand the possibilities of how they could shake out.

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