Timonrosso

UPDATE USDZAR Still on track to the first target R19.80

Long
OANDA:USDZAR   U.S. Dollar / South African Rand
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.

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

💰FREE Discord:
discord.gg/c8f37kyv35

Twitter:
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.