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peterbokma

USDZAR-BUY strategy 4-hourly chart

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
No change of view really. The daily chart (not shown) suggests we may see move back towards 8.5750 again. The 4-houlry is battling moving higher, but coupled with the precious metals recovery down, I would see 18.4350 for 4-houlry possible for now.

Strategy BUY @ 18.1650-18.2150 and take profit near 18.3950 for now. SL below 18.0750 I feel.
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