Time to say goodbye to the highs... It has already long happened to the EURZAR, USDZAR, & the CHFZAR pairs; so I'm expecting JPYZAR to follow suit (soon?)... Just that the JPY currency was so strong (& kept strengthening); which is most likely the reason why the JPYZAR is currently still lingering at this high-point, while the others have already left it ever since...
P.S., I also expect the drop to be steeper (than my earlier sentiments)...
BTW, this is for ZARJPY actually (just looking at it from the upside down perspective)...
ZARJPY - LONG
P.S., I also expect the drop to be steeper (than my earlier sentiments)...
BTW, this is for ZARJPY actually (just looking at it from the upside down perspective)...
ZARJPY - LONG