USDZAR - Which Way?

Quite possible that a strong Rand could see USDZAR fall as far as 12.25 (intermediate targets at 13.25, 13.00 and 12.80).

With political risks and other factors at play, favour moves to the upside. 15.10 as the main target. 13.85 and 14.10 as intermediate targets

액티브 트레이드:

Long entry at 13.51. Targets as above

코멘트:

13.85 intermediate target achieved
14.06 high narrowly missed 14.07-14.10

Upward bias still in place while 13.40 holds

코멘트:

Rand weaker on negative political developments reaching 14.32 bid

Next up 14.55

매매 수동청산:

Closed earlier at 14.10 for +59 cents

ZAR looks to be targeting 13.40

코멘트:

13.40 target achieved

코멘트:

Weekly close below 13.20 should open the way for 12.80

Rebound of USDIndex from 100 negates