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Trader-Dan

USDZAR - Rand consolidating 💲

U.S. Dollar / South African Rand (FOREXCOM:USDZAR)  
Trader-Dan  
FOREXCOM:USDZAR   U.S. Dollar / South African Rand
Support and Resistance Supply and Demand
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supportandresistance supplyanddemand
The pair continues to range between R19.20 & R18.20 and has formed a pennant pattern. As some point i expect this to break out with my bias to the upside as key moving averages are all trending up.

Only below R18.20-18.10 will the bearish case likely change for the rand.

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USDZAR - Weekly Pennant Break
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