USDZAR-BUY strategy 6 hourly chart

125
The pair went through 18.2900 area and was the catalyst for sharp down move and in line with Kagi chart I shared some days before that we have an overall objective somewhere 17.4500. However, nothing will be a on way street, and we are slightly oversold now. Careful BUY entry may be the way to go today.

Strategy BUY @ 18.1150-18.1450 and take profit near 18.2750 area.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.