peterbokma

USDZAR-SELL strategy short-term

Short
FX:USDZAR   U.S. Dollar / South African Rand
The pair has recovered rapidly and almost the same it declined.
Sure the fundamentals are GOLD down and that is why we ascended so much.

Judging regression channel, we should see SELL opportunity, and this is as follows:

Strategy SELL @ 18.9500-18.9700 and take profit near 18.7500 for now.

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