channeltrader
Short

USDZAR - Some great pips on the tables

FX:USDZAR   U.S. Dollar/South African Rand
140 0 1
Long term view of this pair. Sell on a retracement to 10.6222 targeting 9.72390.

Short conviction is that the breakout from the upper channel crossed below its 50% mark. So assuming that the retracement to this 50% level will hold, it should pave way for further downside moves.
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