Short USDZAR - Rectangle Break
Breaking through the lower boundary of the recent rectangle. Opens up a decent move lower. Good luck!
Trade geschlossen: Stop wurde erreicht:
Got down to a low of 16.09 last week but absolutely ripped higher today. Stopped out through 16.65. Not sure what's going on in Rand... perhaps a massive flow. Either way it's a big reversal day and we are above the 200 dma at 16.58 now.