U.S. Dollar / South African Rand
Short
Updated

USDZAR-SELL strategy 6 hourly KAGI

133
I am inclined to see the pair a bit lower. Most indicators are still negative, and we have room until 17.8500 area main support area. I am not suggesting we go that fare, but there is little more room to test 18.0000 - 17.9500 area before recovery I think.

Strategy is suggested SELL @ 18.13509-18.1650 and take profit near 17.9850-18.0100 area.
Trade closed: target reached
target reach 18.0125

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.