EURZAR has been trading in a bearish parallel channel, making lower highs and lower lows. The pair current price is at the support of the channel and we see a pause in the price action.
We expect the price will reverse from here and increase.
To negate this view, price must break support and trade below it.
We expect the price will reverse from here and increase.
To negate this view, price must break support and trade below it.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.