peterbokma

USDZAR-BUY strategy 4-hourly chart

Long
FX:USDZAR   U.S. Dollar / South African Rand
The pair has remained supported 18.5500 area and SL change has protected it from harm. We are embarking on a move higher and as mentioned earlier, GOLD is correcting and feel it will start moving towards $ 2,235 soon and lower.

Strategy is keep positions that are LONG or add or BUY @ 18.6750-18.7000 and take profit @ 18.8450 for now. SL keep same @ 18.5500 below for existing positions or @ 18.6150 below.

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