USDZMW Bullish Trend Bullish trend continuation once we break above the marked key level K18.75 . I expect price to go back and test the all time high K22.62
Kwachalong
TIME TO BUY THE KWACHAI think it's time to short the dollar and buy some Kwacha.
Price perfectly bounced off the 200% fib level (K18.94 / $1) on the monthly time frame matching up the same price at 261.8% fib level on the weekly time frame.
Going long term, I am seeing a week dollar and some Kwacha appreciation.
I expected the Kwacha to appreciate to about K17/$1 and K15.41/$1 IF price breaks through the support of the monthly ascending channel .
Disclaimer: This is only an idea and should not be taken as a trading signal.
