peterbokma

USDZAR-NEUTRAL SELL strategy 4-hourly chart

Short
FX:USDZAR   U.S. Dollar / South African Rand
The pair has indeed moved higher as I felt would be the case. and slightly stopped before the profit level of 19.1150, but near and good enough above 19.1000 exiting.

Now we have moved lower on GOLD price increase, even I felt it would move lower first. This still may be the case.

Strategy SELL @ 18.9650-19.0100 and place SL above 19.0350 and take profit @ 18.7350 again.

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