peterbokma

USDZAR-NEUTRAL SELL strategy 4-hourly

Short
FX:USDZAR   U.S. Dollar / South African Rand
I am back home again from travels, and it seems the pair remains locked in within a range. BUY side works little bit and so does the SELL side. Looking at GOLD recovery and negative stochastic it is safe to short instead of long, at least that is what it feels like.

For now SELL @ 18.6500 and place SL above 18.7100 and take profit @ 18.3350.

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