LordGareth

USDZMW (Where do we go from here?)

Long
FX_IDC:USDZMW   U.S. DOLLAR / ZAMBIAN KWACHA
So I have been privately analyzing USDZMW since 2015 and this idea of the USDZMW was created in 2021 after the elections(SEE BLUE HIGHLIGHTED PERIOD from 09 Nov 20 to 16 Aug 2021). Make of it what you will but the 29.71 price range if achieved could spell uncertainty. We have been in an up trend for the majority of the time and the drop from 22 to 16 seemed to have been a consolidation area that was eventually broken out of and rejected for a powerful breakout that brought us to 26. Now we have experience a small consolidaiton and it breaks out and upward it will achieve our 29.71 target.
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