Long term bullish trend
South African Rand is entering a relative strength period against the Australian Dollar that unleash 2 trading Ideas.
First Idea: buy for 10-20% profit with similar stop-loss.
Second Idea: buy for long term (at least 1 year) and benefit from both positive interest differential and positive trend for at least 30% estimated gain with 20% stop-loss.
First Idea: buy for 10-20% profit with similar stop-loss.
Second Idea: buy for long term (at least 1 year) and benefit from both positive interest differential and positive trend for at least 30% estimated gain with 20% stop-loss.
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