Dollaro / Rand Sudafricano
Aggiornato

Possible USD/ZAR Wedge breakout and retest of major resistance

173
We are approaching the support around 17,25 and could see a breakout from the descending wedge before the pullback to the mid 15s again

Just an idea, with the country lowering the lockdown to Level 3 on 1st June, we can expect a major bearish pattern to occur in upcoming days, where the 15,50s can be expected within next 2 weeks again

This is just my opinion, and not to be taken without your own strategy and trading plan, it is merely what i predict may happen at the breakout
Nota
Trade still active

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