USDZAR target reached (GBPNZD and USDZAR idea)
October 21, 2014Yesterday, we spoke about selling USDZAR at 11.06 (http://savitrading.com/blog/?p=2771) . We hit our target earlier at 10.96. In terms of the trade we still think there is room to the downside and resold on the bounce up to 10.9950, targeting 10.87, with a level coming in at 10.9450.
I also like GBPNZD lower. It is coming up with a sell signal across all time frames. I have sold at 2.0220 targetting 2.0000 with my stop at 2.0420.








