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EUR downtrend has hit long term suppor/resistance around 1.085, I would look for this to rebound up off this support to at least short term support level (and fin 0.382 retracment) with possibility of reaching 0.618 leveling with point c of the pattern. RSI shows that the levels have been broken which further support the uptrend
USDZAR has presented an upward trend since hitting September lows and shows opportunity to buy after hitting support line around 13.8 and bouncing upwards. A wedge has been created pointing towards 14.1 (fib retracement 0.618) and if daily bars close above there could be a rally between the channel up towards August highs of 14.75
Upward trend since end of September broken when close below short term support and resistance 1.5483, fall to July lows presents buying opportunity. look to go towards longer support and resistance of 1.5834. If this is broken and goes above 2016 high/low fib retracement 0.3821 we could expect returns to long term support line (and fib retracement 0.5) of 1.61....