#USDZAR - R$ / Fed Meeting
- The USDZAR ended the month of April with an "inside" bar which means it stayed within the range of the previous month (March).
- Inside bars normally depict a consolidation period before a new leg , be it to the upside in the case of continuation of trend or a reversal.
- The FED meeting tonight is likely going to be the catalyst for the next move and breakout.
- Inside bars normally depict a consolidation period before a new leg , be it to the upside in the case of continuation of trend or a reversal.
- The FED meeting tonight is likely going to be the catalyst for the next move and breakout.
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