Reason for my long bias:
Huge move weaker on the Rand earlier this week...+8000 pips.
I expect more uncertainty ahead with finance minister and therefore more Rand weakness.
Thus I see 2 zones of possible entries long on this pair.
Being such a volatile pair, extreme caution is required here.
Huge move weaker on the Rand earlier this week...+8000 pips.
I expect more uncertainty ahead with finance minister and therefore more Rand weakness.
Thus I see 2 zones of possible entries long on this pair.
Being such a volatile pair, extreme caution is required here.