The stock of Pepsico formed a kind of messy inverted “Head and Shoulders”.
USD/ZAR is in a triangle
SELL 14.34; TP 14.28; SL 14.36
USD/ZAR met the resistance of the line connecting September, March and May highs in the 14.50 area and formed a candlestick with a long upper wick on D1. The pair is consolidating in a triangle and may revisit its lower border provided by the support line since the start of 2019. The pattern on H4 resembles a “Head and Shoulders”. A decline below 14.35 will open the way down to 14.28/25.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
The key question about Brexit now is whether there will a deal between Britain and the European Union or the parties end up without a one.