USDZAR going up
Taking into we are reaching the lowest price since August 2018 I expect a move to go back from current 13.60 to at least 13.85 in a very conservative perspective or even as high as 14.40 as it did in November.
There are no significant fundamentals to explain this decrease and surely those 13.55 will act as a huge support in case it continue going down.
Stop Lopss will be around 13.53 just in case it decide to break and go to rates we haven´t seen for more than 6 months back to 13.30
There are no significant fundamentals to explain this decrease and surely those 13.55 will act as a huge support in case it continue going down.
Stop Lopss will be around 13.53 just in case it decide to break and go to rates we haven´t seen for more than 6 months back to 13.30
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