UPDATE USDZAR hit my target price unfortunately at R19.80 - Wait

Since the USD/ZAR hit my target price at R19.80. It's been retracting a bit.

It weakened fast and furious. And now we can expect a bit of a retracement before the USD continues to strengthen.

I truly hope the USD/ZAR continues to weaken so the rand can strengthen more...

It's embarrassing seeing the rand at levels above R19 in the US, UK, Swiss etc...

Come one South Africa!