USDZAR-SELL strategy 6 hourly chart Reg. ChannelUS Dollar vs South African RandPEPPERSTONE:USDZARpeterbokmaSame as the USDX of course, the pair is overbought. i felt yesterday we may see higher, but was not convinced to belong, however, we can add to our SELL, or have SELL position up here. The Reg. Channel is violated amidst this overbought status provides a good warning of potential corrective action. Strategy SELL @ 18.2000-18.2500 and take profit near 18.0350 for now.