SOUTH AFRICAN RAND / U.S. DOLLAR

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SOUTH AFRICAN RAND / U.S. DOLLAR forum


USDZAR Tricky one, but for the moment, this is what I am seeing
Snapshot

USDZAR And it closes at 600 points. Beautiful

USDZAR A very slow sell from the previous mind. I am sitting on 400 points, I will just move stops, not closing. Otherwise, a beautiful week it been.

USDZAR Taking profits on my buys since 17.57, anticipating bears from Around 17.62

USDZAR By the way, 17.54 did give a 250 points reaction. I want to see what 17.55 is going to do then I can confirm direction

USDZAR Now that was a beautiful candle. Right at my target (TP) of 17.50...lol

USDZAR I'm watching 17.54, but I am not sure if I will be trading the news release today

USDZAR 17.50 is my target since selling from 19.87. From here I will not be risking hard on the sells. We could still push to 17.30 though

USDZAR 210 pips from the last sell entry position.

USDZAR 120 pips later. Will hold a little longer