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USDZAR - 240 - Range or a double top?

U.S. Dollar / South African Rand (FX_IDC:USDZAR)  
JFD_Research Updated   
FX_IDC:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Chart Patterns
4
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trendanalysis chartpattern
Trade idea.

USDZAR had a good run to the upside, but now it started moving sideways. The pair is now ranging, which could spill into a possible double top. For now we will continue monitor the activity and wait for a clear break through one of the highlighted areas before examining a further directional move.

Please see the chart for levels and targets.

Don't forget your stop-loss.
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