UPDATE USDZAR hit my target price unfortunately at R19.80 - Wait

U.S. Dollar / South African Rand (OANDA:USDZAR)

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

trendanalysis chartpattern fundamental usdzar usdzaranalysis southafrica jse alsi

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!

✅ 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.