FX:USDZAR   U.S. Dollar / South African Rand
Memorial Day in the US yesterday so markets subdued. Today we awake to find USDZAR super heavy and targeting 17.2750 first up. Having taken profit on my short last week, I got nothing on here. I'm also weary of selling down here trying to chase the move. You don't want to be short at the wrong level, the Rattlesnake is known to punish lazy shorts. If anything I wouldn't be surprised to see a little pop higher back to 17.75. Keep an eye on risk sentiment and where US markets open later. Good luck!
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