USDZAR-NEUTRAL SELL strategy 4-hourly chart

I aborted the pair near 18.6900 as it starts looking tired for now. The stochastic is starting to look negative (not as yet) but it feels it will and besides GOLD is higher again, even though over bought heavily, we should consider the likely event of a test of 18.5500. For now am a careful SELL or stay neutral at current conditions. I would certainly be buyer lower levels near 18.4750 area, if seen.

Strategy SELL (if one wishes too) @ 18.6500-18.6800 and take profit near 18.5150. SL guess place this above 18.7950 now.

Comment:

Profit taken 18.5650. I am not certain how down, but am being careful for GOLD movement.