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Goose96

UsdZar: The wedge continues...

Long
U.S. Dollar / South African Rand (OANDA:USDZAR)  
Goose96  
OANDA:USDZAR   U.S. Dollar / South African Rand
Trend Analysis Technical Indicators USDZAR
1
0
trendanalysis indicator usdzar
The pair is working into a wedge and it's being squeezed by the 50- and 200-day EMA's.
I expect the 200-day EMA to hold but tomorrow's ECB meeting could see funds flowing to emerging markets which places the 200-day EMA at risk of being broken. Opinions?
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