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ridethepig | KZT Spot Commentary 2020.02.12

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U.S. DOLLAR / KAZAKHSTANI TENGE (FX_IDC:USDKZT)  
ridethepig  
FX_IDC:USDKZT   U.S. DOLLAR / KAZAKHSTANI TENGE
Trend Analysis Wave Analysis Beyond Technical Analysis USDKZT kzt kazakhstan kazakh kazakhtraders fed ridethepig usdkztsell usdkztridethepig
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1
trendanalysis waveanalysis beyondta usdkzt kzt kazakhstan kazakh kazakhtraders fed ridethepig usdkztsell usdkztridethepig
I will keep this one very quick as not much interest in KZT. On the technical side we have a very clean and simple legs to track here, nothing to change my view of the gravitational pull back towards normality circa 310 in the coming weeks. Heavy USD sells continue from locals nad in my books a matter of time before we are -18% from the original entries:

ridethepig | KZT 2020 Macro Map

Continuing to remain long Tenge here.

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ridethepig | KZT 2020 Macro Map
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