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
註釋
Choppy註釋
we goin'交易結束：目標達成
pew pew
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。