For Study purposes only. If you enter this trade you do so at your own risk. Considering technicals as noted, watching for a pullback to the trendline and continuation up. I do not believe the rand is ready for the big drop just yet. We have what appears to be a descending wedge forming, which would allow us to see a push up, even if short term. 200 pips minimum possible to TP1
Trade closed: target reached
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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.