USDZAR has been forming a strong base over the last while. 200 dma at 16.50 is also providing some support. SA GDP print at 11:30 this morning and it's likely to be an absolute shocker. Sure it's expected, but I would say there is more risk that it's even worse than expected. Looking for a little bounce from here (16.75) to 17.25. S/l at 16.45. Good luck!
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