The USDZAR always one of my favorites. It behaves well within boundary.
Current short-term strategy is a SELL at 15.45-15.50 area. This would show a slightly higher RSI at that point in time. The objective of the trade will be 15.03 and 14.46. Best is to take profit 15.03 and re-sell in rally for the move towards the lower channel.
Set stop-loss at 15.89, but re-sell 16.08.
Current short-term strategy is a SELL at 15.45-15.50 area. This would show a slightly higher RSI at that point in time. The objective of the trade will be 15.03 and 14.46. Best is to take profit 15.03 and re-sell in rally for the move towards the lower channel.
Set stop-loss at 15.89, but re-sell 16.08.
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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.