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USDZAR down 1.32% and look to test June lows

RAND

USDZAR plummets further, that's 15 big figures in the past 40 minutes.

  • Local desk, reported momentum selling upon the technical breakout of the 16.54 triple bottom.
  • More broad base USD selling pushes Gold at the high of the day.
  • Next big support area is seen at the June low 16.3385, also best levels since March

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