SELL 2.000M USD/ZAR @ 14.33058, SL 14.43000 (980 pips), TP 14.22000 (1120 pips)Even with political uncertainty and fears of a downgrade to junk of South African bonds, the outlook for the Rand(ZAR) may be better in the short term, as investors sift through the news of likely Gordan prosecution and probabilities of the same.An issue that seems being politically managed for now.However the long term performance depends much more on political grand standings than on macroeconomic performance of the…
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