Previously posted correction is completed.
Just a different perspective.
Take into consideration:
Central Banks QE
USDZAR has touched a very important resistance, we will see how it goes from here in coming week.
We need to watch DXY.
5 years trend for USDZAR
First target R2,52
First target R15,75
sale on USDZAR
USDZAR testing R15.58 if rejects, it will bounce back to R14.40, further strength will lead to below R14 level.
If it is rejected at R2.50, expect a downtrend towards R2.40
Buy USDTRY @ 5,30
If it breaks below 5,29, wait for the signal @ 5,22
Downside trend continues
5 years pattern will follow for 2019.
Descending Wedge Target 13.33
Breakout will come soon.
If it breaks higher, target 5,38
if it breaks lower, target 5,20
TRYZAR bearish, pushing down to break the trend line, if it breaks a downtrend may be in the cards to 2,60