USD/ZAR Technical Forecast: USD/ZAR Prints Ominous Double Bottom Pattern

August 31, 2023 at 03:30PM The Rand (ZAR) has lost ground against the greenback over the past two days despite broad-based US Dollar weakness. Double bottom pattern doesn’t bode well for the ZAR with key data ahead.

USD/ZAR Technical Forecast: USD/ZAR Prints Ominous Double Bottom Pattern