Hi, ZAR is overvalued (fairvlue is 19) and sooner or later it will lose the excessive value.
On this daily USDZAR chart, I made a reference circle for earlier price move and a new circle for price move assumptions.
I do not will but I expect to see the ratio over/around 20.
This is only my idea, not an investment advice
On this daily USDZAR chart, I made a reference circle for earlier price move and a new circle for price move assumptions.
I do not will but I expect to see the ratio over/around 20.
This is only my idea, not an investment advice