Since the USD/ZAR hit my target price at R19.80. It's been retracting a bit.
It weakened fast and furious. And now we can expect a bit of a retracement before the USD continues to strengthen.
I truly hope the USD/ZAR continues to weaken so the rand can strengthen more...
It's embarrassing seeing the rand at levels above R19 in the US, UK, Swiss etc...
Come one South Africa!
It weakened fast and furious. And now we can expect a bit of a retracement before the USD continues to strengthen.
I truly hope the USD/ZAR continues to weaken so the rand can strengthen more...
It's embarrassing seeing the rand at levels above R19 in the US, UK, Swiss etc...
Come one South Africa!
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)