USDZAR - Rand consolidating đź’˛
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.
Only below R18.20-18.10 will the bearish case likely change for the rand.
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