U.S. Dollar / South African Rand
Long
Updated

USDZAR -BUY strategy 9-hourly chart Heikin

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The pair remains in an upside pressure mode, and there are some good reasons to be found for it: 1. GOLD should retreat towards $ 2,930 at least 2. USDX is positive 3. indicators support move higher for now.

I prefer to look at the long hourly charts, since the shorter ones are tug-and-war under the current range trade scenarios. The 9-hourly shows little more overall possibilities right now.


Strategy UNCHANGED BUY @ 18.2150 - 18.2450 (or feel free slightly higher). The profit level is now somewhere 18.4150.
Order cancelled
abort this as it is in SELL mode now (see my today's update)

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