USDZAR | Consolidation OR Distribution

U.S. Dollar / South African Rand (OANDA:USDZAR)

OANDA:USDZAR U.S. Dollar / South African Rand

Chart Patterns Harmonic Patterns Trend Analysis USDZAR usdzarshort

chartpattern harmonicpatterns trendanalysis usdzar usdzarshort

USDZAR has been trading in a range for more than 2 weeks (highlighted in a box). The price stuck just under the resistance zone which can be the barometer for any long position. However, the break below from the consolidation box will result in bearish spell.

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