RobbyP

SHORT THE DOLLAR-

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FX:USDZAR   Dólar EUA/Rand Sul-africano
The USDZAR has bumped it's head almost perfectly at resistance and it certainly looks like momentum has shifted. I reckon you can short USDZAR for a move back to at least the 50 day moving average which should scoop you a healthy size profit. Ideally you should be looking to enter the trade at around 18.30. We know how volatile this pair can get. So you should be looking for a target of around 17.45. Happy trading!
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