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Mrhowmoneydawloading

I dea on UNITED STATES/ SOUTH AFRICAN RAND

U.S. Dollar / South African Rand (OANDA:USDZAR)  
Mrhowmoneydawloading  
OANDA:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Wave Analysis Fundamental Analysis
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trendanalysis waveanalysis fundamental
My Elliot Wave Theory on USD/ZAR suggest that the pair started a rally on 03 January 2005 and it had made complete 5 wave ups wave (1) ened n 20 October 2008 price was 11.84, wave (2) ended 20 may 2011 price was 6.60, wave (3) finished on 11 January 2016, wave 4 finished 19 February 2018 and price was 11.55, and another final rally wave (5) finished 06 April 2020 price was 19.20. Since 2020 this pair started corection which lookd like 7 swing (WXY) wave (W) ended on 21 June 2021 price 13.45 and now i suggest that the pair is finishing in wave (X) very soon the the South Africa Rand will be strong against the United States Doller the market has to go down in 3 waves . Minimum target i expect it to drop at least 100% of wave (W) which is 11.47 . (Meaning that at least 1 Rand will be equal to 11 South African Rands
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