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USDZAR to RETRACE TO 61.8 LEVEL....THEN CARRY ON UP TREND

U.S. Dollar / South African Rand (FX_IDC:USDZAR)  
timgrobler  
FX_IDC:USDZAR   U.S. Dollar / South African Rand
7
0
The Rand will retrace to 12.25 to 12.35 then bounce off the 61.8% level.

The South African local political situation also offers lots of scope for volatility as well as a long term depreciating currency.
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