ZAR JPY upside move possibleZAR JPY upside move possible
Buying above the 7.746
Stoploss 7.7
Target 7.938
ZARJPY trade ideas
ZARJPYZARJPY BUY
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ZARJPY on long analysisOm Namah Shiva
South African Rand is going weaker against Japan yen as it is visible from the Analysis.
Respecting the levels will further confirm the move.
Om Namah Shivay
ZARJPY Monthly AnalysisOm Namah Shivay
JPY looks going stronger against ZAR. The recent structure change of wxy/abc is a new beginning if there is a further impulse.
Om Namah Shivay
JPY remain elevated against EM currenciesWith the currency crisis in Turkey, we expect the JPY remain elevated in the coming days, especially against the EM currencies ZAR and MXN.
This morning ZARJPY breaking down the key support levels and fell rapidly. Weekly ceiling placed between 7.777-7.783. Sell at every spike with a target at 78.%-8.0% fib reaction
