peterbokma

USDZAR-BUY strategy 4-hourly chart

Long
FX:USDZAR   U.S. Dollar / South African Rand
It failed to move higher, but am still on the BUY side, because the pair is mainly influenced by GOLD and Crypto. Once there correct, which is still very much expected, the pair will skyrocket.
Patience is the game.

For now we have support 18.5000 and below means delay and lower levels to be seen before recovery.

Strategy BUY @ 18.5350-18.5600 and take profit @ 18.7750 and place SL below 18.4750.

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