The rand managed sound gains yesterday which saw the pair drop onto the dotted blue support line. A break below this trend line will allow the rand to pull the pair down towards my long term target at 13.20. The MACD broke below its support line while the RSI is pointing to an overbought rand. A daily close above 13.98477 may invalidate this view. All eyes on tomorrow's non-farm payroll print.
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Longer term:
