1.0the patient investorhttps://thepatientinvestor.comSouth African Rand - the patient investorrich600338<blockquote class="wp-embedded-content" data-secret="CEdkpmDQLW"><a href="https://thepatientinvestor.com/index.php/2011/08/11/south-african-rand/">South African Rand</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://thepatientinvestor.com/index.php/2011/08/11/south-african-rand/embed/#?secret=CEdkpmDQLW" width="600" height="338" title="“South African Rand” — the patient investor" data-secret="CEdkpmDQLW" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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The dollar spiked briefly above R7.35 but is now retracing to test support at R7.00. Long term, the Rand is expected to hold above support at R6.50 and breakout above R7.35 would signal a primary up-trend. * Target calculation: 7.25 + ( 7.25 – 6.50 ) = 8.00http://static.incrediblecharts.com/tradingdiary/images/2011-08-11-zar.png