peterbokma

USDZAR-SELL strategy 4 hourly

Short
FX:USDZAR   U.S. Dollar / South African Rand
The pair went went quickly higher on the back of GOLD decline. the stochastic is positive and still has some more room, and considering GOLD weakness, likely we will see the pair trending higher a bit.

Strategy SELL @ 19.1950-19.2250 and place SL above 19.3150 and profit order @ 18.9750.

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