peterbokma

USDZAR-NEUTRAL BUY strategy 4-hourly

Long
peterbokma Updated   
FX:USDZAR   U.S. Dollar / South African Rand
The pair is remaining high and GOLD remains low, and may move lower. even though I feel the pair will go south eventually, for now feel we may see a move higher breaking upwars through the triangle and reach 19.3500 area. Thereafter we sell again.

Strategy BUY @ 19.1750-19.2100 and place SL below 19.0750 and take profit @ 19.3400
Comment:
that was a wrong one, but stop protected it. will update tomorrow next strategy.

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