Setup for Higher timeframe trade
South Africa is struggling financially and has too many negative factors weighing down on the currency,
Loadshedding is becoming a way of life,
moody's rating is looming,
debt keeps rising & tax payers are at a point where higher taxes will kill the economy,
10% of the taxpayers carries 90% of the expenses,
Millions lost in GDP due to loadshedding,
youth unemployment is at 55%,
heading for a third GDP contraction.
US dollar will always be stimulated, Great opportunity for a low risk, high reward trade
This isn't investment?trading advise, should you trade this please use proper risk management.
Loadshedding is becoming a way of life,
moody's rating is looming,
debt keeps rising & tax payers are at a point where higher taxes will kill the economy,
10% of the taxpayers carries 90% of the expenses,
Millions lost in GDP due to loadshedding,
youth unemployment is at 55%,
heading for a third GDP contraction.
US dollar will always be stimulated, Great opportunity for a low risk, high reward trade
This isn't investment?trading advise, should you trade this please use proper risk management.