ProFX_Strategist

Time To Leave It's Absolute Lows...?

FX:ZARJPY   South African Rand/Japanese Yen
27 0 3
The USDZAR             , EURZAR             , & CHFZAR pairs all made it to a great new highs at the beginning of this year...; but eventually, they all soon started plunging very heavily-downwards ever since then; especially the USDZAR             pair... (Most probably it was the ZAR             currency that was starting to get progressively stronger & stronger most likely due to a stronger price of Gold             ...)

As such, I keep on having the feeling that something big is about ready to start happening to this ZARJPY             pair anytime soon...

I have a kind of feeling that the Japanese Yen             will/could be destined to get extremely weaker soon... (Yes, we all know how strong the JPY currency started getting ever-since the beginning of this year; e.g. the USDJPY             pair was on a very steep decline ever-since then...) But soon, things might end-up in a reversal regarding the JPY's strength (who knows)...

The ZAR             could get stronger too...
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