USD/ZAR Price Analysis: Stuck in sideways range, breakout on the cards

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USD/ZAR Price Analysis: Stuck in sideways range, breakout on the cards USDZAR Currencies Technical Analysis

bias while below 19.3123 that will increase on a break of the various supports as illustrated on the following chart:USD/ZAR has been rising from the lows of May near 18.1693 but should ZAR harden, the longs will be put under heat in a long squeeze. On the other hand, we could easily see a bullish continuation with the bullish bias intact on a break of 19.3262 and 19.5285:Information on these pages contains forward-looking statements that involve risks and uncertainties.

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