LimitMarkets

Rand-Dollar going for lower targets

Short
FX_IDC:USDZAR   U.S. Dollar / South African Rand
Ahead of President Trump's speech at the Economic Club of New York, the rand keeps getting hits. The pair price suppressed by the US dollar slides down to 14.7700. An acceleration in the drop, could land the pair at 14.7200 slightly above the 23.6 Fibonacci retracement.

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