A questionable bearish (rand strength) bias is applicable below 16.75. Technical score: 0 A bearish MACD crossover on the daily time frequency remains intact, which supports rand strength. Keep an eye on a potential MACD bullish crossover – this might trigger rand weakness. Downside price momentum remains halted – supporting a stronger rand. Downside target 16.55. Only a price action above 16.75 will trigger rand weakness. Upside targets for a break above 16.75 will be 17.05.