UZThe market has been favourable after the announcement of the consideration of one currency. Last week we saw the Dollar take a hit and the Rand gain a few muscles. With this we go in with a smile but with caution because our Repo Rate was also adjusted so the gains are not necessarily the best of options.
Uz
UZI really hate that this is what I see but as a manager of capital, therefore feelings need to be cut out and discarded. (I am hoping to be wrong) Yet I see this and will wait for a right shoulder to complete. Then a break in the neckline, a last kiss and impulsive bullish candles then we find an entry and ride the whole way.
UZThis is very nice, because it is slightly textbook. Yet knowing the fundamentals of the country, we will break through any sell bias you can think of. One day my goal would be to push that price all the way to either less R5/$ for a dollar or even to 1:1. For now I just would like to set a realistic goal of under R15/$. With the right leadership and the fight in our hearts we could and we will and when it happens, I'll come back to this post and clap for us as a nation.
🫱🏿🫲🏿🍾👑😁