Gone long USDZAR here for a little bounce. Stop 16.25, Target 16.80. Felt a bit oversold and has been struggling to break 16.40. Lots of buyers down here. Good luck!
Comment:
Wake up this morning to 16.72...beautiful. Will start leaking out some USDs here. If we get a proper risk-off Friday then I'll definitely hold >50% core long USDZAR possie.
Trade closed: target reached:
USD melting across the board. Selling the last of my possie this morning. Lucky to have gotten some out on Friday.