Geeves

ZAR and the Africa Milk Index

FX:USDZAR   U.S. Dollar / South African Rand
The USDZAR pausing at the FIBONACCI ratio 61.8% (15.37 area) for the range: 17.76 (Jan '16) to 11.51 (Feb '18).
The Africa Milk Index indicates that 12.54 will be a more fair reflection of the USDZAR.

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