EUR/ZAR
Long

EURZAR: more pain for the rand?

143
Above 17.30 supports a bullish trend direction.
Upside price momentum supports the bullish trend.
RSI leaves enough room for further upside price potential.
Pending change in trend to bullish (see the MACD).
Remains close to the lower range of the linear regression channel as well as the Bollinger bands. This increases the likelihood of a pullback

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