USDZAR-NEUTRAL RANGE 4-hourly chart Heikin ashi

7월 30일

the pair has climbed as expected, and now we are approaching resistance area of the regression channel. we are battling GANN 18.4500 area and its important to note that a move beyond will open 19.0000 approach again. the weekly chart shows potential of 19.3500 in the medium-term, but not confirmed as yet.

Strategy play in the range 18.1750-18.5350 for now, with neutral stance at current price 18.4500.