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Peet_Serfontein
Feb 12, 2024 1:10 PM

USDZAR: some rand weakness until elections? Long

USD/ZAROANDA

Description

A price action above 18.95 supports a bullish trend direction.
Further bullish confirmation for a break above 19.20.
The target price is set at 19.50.
The stop-loss price is set at 18.70.
Remains above its 200-day simple moving average supporting a bullish underlying trend.
Comments
AlloysK
I agree
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