Kiavash
Short

USD/ZAR Shorting the short

FX:USDZAR   U.S. Dollar / South African Rand
We already got a pretty good entry earlier but now we are looking for another entry cause we believe this will be going lower for a while. This will be the last entry on this pair and will be leaving it for now.
Comment: It did not hit our second entry and first trade was closed earlier hit tp.
mmmmh, I'm afraid ZAR is not run by technicals those days, but by newsflow only: Gordhan, the "Beer deal" requiring certain level of ZAR's buying SAB Miller etc. http://www.wsj.com/articles/hedge-funds-complicate-sabmiller-vote-1474390913
during next week already, we may see a powerful reversal to a berish ZAR.
Cheers

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