peterbokma

USDZAR-BUY strategy 4-hourly chart

Long
FX:USDZAR   U.S. Dollar / South African Rand
The pair moved as expected, and we reached profit objective and slightly more. For now, I feel we must continue from BUY side due to the expected GOLD and other precious metals corrections. There should be some pullback towards 18.6150 I feel.

Strategy BUY @ 18.6150-18.6500 and take profit @ 18.8750. SL I feel maybe below 18.5150.

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