South African Rand is entering a relative strength period against the Australian Dollar that unleash 2 trading Ideas.
First Idea: buy for 10-20% profit with similar stop-loss.
Second Idea: buy for long term (at least 1 year) and benefit from both positive interest differential and positive trend for at least 30% estimated gain with 20% stop-loss.
First Idea: buy for 10-20% profit with similar stop-loss.
Second Idea: buy for long term (at least 1 year) and benefit from both positive interest differential and positive trend for at least 30% estimated gain with 20% stop-loss.
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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.