USDZAR-BUY strategy 4-hourly

93
The pair still had more downward pressure due to GOLD holding up and moving higher. Of course, it makes it difficult to catch the movements at times, but as long we keep tight SL we should be fine.

Strategy BUY @ 18.2000-18.2350 and place SL near 18.1750 and take profit @ 18.4150. Please note that the daily chart has downside potential overall.

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.