As highlighted on the chart it seems as though USD/JPY
is 1 step ahead of USD/ZAR
. If this is indeed the case then we can expect a monster move up from USD/ZAR
. A similar case occurs with the CAD/JPY
and I have already made a post for those who want to check it out. (see related ideas seciton). As of now there is no clear buy setup for USD/ZAR
therefore I'm not interested in buying at the moment and therefore I will not include any details in this post. Stay tuned for updates.