USDZAR-SELL strategy 6-hourly chart Heikin Ashi

8 Eki

The pair has been close to buy back objective, and since then it moved higher finding Ichimuko cloud support. Further, we are still positive as well. The SMI still has downside potential, and keeping in mind a likely return to low 3.50s 2 Years treasury will likely will cause USD weakness including our pair.

Strategy SELL @ 17.4750-175300 and take profit again near 17.2850. SL based on your own personal preferences.