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peterbokma

USDZAR-BUY strategy 4-hourly

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
peterbokma  
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
The pair has remained holding at the lows and GOLD has spiked further (against my belief). However, GOLD is overbought, and it will correct lower in time. Therefore, the pair here should be BUY on dip for move back towards 19.3000.

Strategy BUY @ 18.9700-19.0400 and place SL below 18.9350 with a profit order @ 19.2350.
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