EUR/ZAR Upside to come to R18.23

EUR/ZAR is showing classic textbook analysis of a Cup and Handle.
It's broken out of the brim level and is showing strong demand (buying) to come.
The first target is to around R18.23.
CONCERNS: There is a rising channel which the diagonal line is a strong support.
If the price breaks up and out of this channel, we can expect major downside to come for the rand.
BULLISH for the EUR.