Technical Analysis – EURZAR advances 11% to 11-month high
EURZAR recovered its recent downfall and rallied to an eleven-month high of 17.313. It’s worth mentioning that in the short-term, a bullish cross of the 20-day simple moving average (SMA) with the 50-day SMA could reinforce the up move. The price is above the Ichimoku cloud and the RSI is increasing in the overbought region, suggesting […]