USDZAR-SELL strategy 4-hourly chart
The BUY strategy has paid-off and indeed we move north swiftly due to the precious metals corrective action. In how far this may go, will provide guidance on our pair.
My feeling is stochastic is extending far out, but it is possible, we may move little more higher towards 18.35-18.3900 area before a decline may set in again.
Strategy SELL @ 18.3650 - 18.3800 and place SL above 18.4750 and take profit @ 18.1450.
My feeling is stochastic is extending far out, but it is possible, we may move little more higher towards 18.35-18.3900 area before a decline may set in again.
Strategy SELL @ 18.3650 - 18.3800 and place SL above 18.4750 and take profit @ 18.1450.