UPDATE USDZAR Still on track to the first target R19.80
We posted this trade alert around 24 April saying, we have bad news for the South African rand.
The trade is still on track to the first target at R19.80.
Once it surpasses, it'll need to consolidate move in a sideways range before the next breakout.
Hopefully, it won't be up again.
But anyways, the demand is strong for the USD against the ZAR and we can do nothing but wait.
The trade is still on track to the first target at R19.80.
Once it surpasses, it'll need to consolidate move in a sideways range before the next breakout.
Hopefully, it won't be up again.
But anyways, the demand is strong for the USD against the ZAR and we can do nothing but wait.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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