Potential Short Position USD/ZAR (Medium-Term)
Looking too potentially short the USD/ZAR at the 14,98 / 15.07 level, given the resistance zone holds and there is a bearish entry signal on the 6h chart. Potential take profit levels are 14,76050; 14,64230 and 14,61000. A well placed stop-loss level should provide a risk:reward ratio of above 1:2. The trade also offers a positive carry benefit.