USDZAR day trade 27/03/2018
Mis à jour
Pair has lost value as a result of the USD / US stock market sell-off, caused by the US / China trade "war".
SA's currency should not be this strong, and as the Dollar and SPX bounce back over this week, we'll see the USDZAR pair favor the dollar.
Long dollar.
Reason for trade: Rand is way too strong, is not a result of economic growth in SA but rather was caused by the volatility of the US stock market last week. However, word on the street is that the US and China are 'talking'. In my opinion the dollar will strengthen, and the piece of shit Rand will lose value and return to where it should be.
Timeframe: 1 week max
Shoutout: Donald Trump and his stock market plunge-protection team
SA's currency should not be this strong, and as the Dollar and SPX bounce back over this week, we'll see the USDZAR pair favor the dollar.
Long dollar.
Reason for trade: Rand is way too strong, is not a result of economic growth in SA but rather was caused by the volatility of the US stock market last week. However, word on the street is that the US and China are 'talking'. In my opinion the dollar will strengthen, and the piece of shit Rand will lose value and return to where it should be.
Timeframe: 1 week max
Shoutout: Donald Trump and his stock market plunge-protection team
Note
ChoppyNote
we goin'Trade fermée: cible de profit atteinte
pew pew
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