USDZAR Medium Term Bullish
USDZAR Daily Chart with buy order blocks marked in yellow. Original analysis; 8am Monday 16 May as preparation for a CNBC Africa appearance.
5th wave targets 18.75 (20.09 in extension). Requires break of 16.97. Until then expect the 14.00-17.00 range to play.
Price is extented at current levels (15.60) and 14.80 would present a good buying opportunity.
5th wave targets 18.75 (20.09 in extension). Requires break of 16.97. Until then expect the 14.00-17.00 range to play.
Price is extented at current levels (15.60) and 14.80 would present a good buying opportunity.
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