Tracking the value of the greenback — and its effect on the rand
to come. Below R13.10 and then R13 could put the rand on the front foot again and signal further currency strength. On the other hand, a clear break above R14 would likely open further weakness to the next major zone of technical resistance at R14.50.
A lot may hinge on the dollar. If the US dollar index were to break above 95 resistance, that would likely signal more weakness for the rand against the dollar and result in the R14.50 area being targeted. ●