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peterbokma

USDZAR-SELL strategy 4-hourly

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
7
4
trendanalysis chartpattern indicator
The pair moved little higher on the back of GOLD decline.The stochastic is positive.
We are still protected by GANN resistance, and also still outside the ascending wedge, suggesting we may see lower levels later on, is my personal view.

Strategy SELL @ 19.1750-19.2150 and place SL above 19.3150 and take profit @ 18.9350.

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