USDZAR-SELL strategy Daily chart
The pair has been resilient, and keeping the support above 18.4000 area.
Based on current hammer top, and GOLD level remaining high, the consideration for SELL is far outweighing a buy strategy.
For now, SELL @ 18.8000-18.9500 and place stop-loss above 19.0250 and re-SELL below 19.2700. the profit order @ 18.4350 and thereafter 18.02450.
Based on current hammer top, and GOLD level remaining high, the consideration for SELL is far outweighing a buy strategy.
For now, SELL @ 18.8000-18.9500 and place stop-loss above 19.0250 and re-SELL below 19.2700. the profit order @ 18.4350 and thereafter 18.02450.