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Long EUR ZAR at the 200 daily SMA

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EURO / SOUTH AFRICAN RAND (FX_IDC:EURZAR)  
flexxfx  
FX_IDC:EURZAR   EURO / SOUTH AFRICAN RAND
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
EUR ZAR is currently at the bottom of an equidistant channel and currently. This is a confluence of the 200 SMA on daily chart and 300 SMA on daily chart - price is well supported at this level. Good entry with high risk reward
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