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U.S. Dollar / South African Rand

  • Writer: Lester Davids
    Lester Davids
  • 2 days ago
  • 1 min read

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The USDZAR currency pair broke out and traded at a high of R16.97, just shy of our 17.00 target. The pair has since retreated, with a re-test of the breakout level.



Previous Post (14 July):

USD/ZAR: Falling wedge pattern, target 17.00.



Lester Davids

Senior Investment Analyst: Unum Capital

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