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peterbokma

USDZAR-SELL strategy 4-hourly chart

Short
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
1
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trendanalysis chartpattern indicator
sorry, was busy with few other things, and expected a higher USDZAR yesterday, but now think this move higher has opened the way to test 18.6150 I feel. Stochastic turning, GOLD still high, and as long as it remains high, pressure is downside for the pair.

Strategy SELL @ 18.8150-18.8650 and place SL above 18.9850. Profit order @ 18.5575 for now.

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