USDZAR-NEUTRAL SELL strategy 6-hourly

10月10日

The pair has reached its profit objective yesterday, and now am letting it rest a bit. I feel we may see slightly higher, but think 17.7350 area will remain a tough one to break for now. We are becoming slightly over extended on upside, and therefore we should have some caution.

Strategy is NEUTRAL SELL @ 17.7000-17.7350 area and take profit near 17.5350 for now. SL based on your own parameters.