peterbokma

USDZAR-NEUTRAL BUY strategy 3-hourly

Long
peterbokma Updated   
FX:USDZAR   U.S. Dollar / South African Rand
The pattern looks indecisive and this means we may move back up again. I feel that is in a neutral range state before we move lower.

Strategy BUY @ 19.0150-19.0450 and take profit @ 19.1150 area. SL I feel to keep it tight below 18.9750 for now.
Comment:
the break of 18.9750 leads towards 18.8700 test is my feel.

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