Expecting some chop here on dollar/rand Long

U.S. Dollar/South African RandFXCM

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⋅ May 17, 2015 6:10 PM

The dollar is taking some heat on the majors and I anticipate it continuing in the short term. This should help the rand only marginally as the trend is clearly still in place. Looking for a base in the 11.5 area to go long.

USD (US Dollar)RAND