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Mutobo
Oct 31, 2023 10:06 AM

LONG USD/ZMW 

U.S. DOLLAR / ZAMBIAN KWACHAICE

Description

WE will continue to see an upward trend on USD/ZMW till K22.64, Once market reaches at this price we might start to see some appreciation in kwacha as price returned to fill the void that happened in 2021 from the huge sell, So if price doesn't start to retrace at K22.64 then we will see further buys till K23.00 so that BSL can be taken then we can see further sells till K20.00 on USD/ZMW
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