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USD/ZAR outstripping broader bid for the Greenback

Monday, April 13, 2015 9:23 AM UTC

Pair breaks 50% retrace Mar/Apr decline at 2.1100, target 61.8% 12.2079
Mar 31 high 12.2290. Feb retail sales due Wednesday f/c a healthy 2.2% yy
21-DMA @ 12.0143 now set to underpin

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USD/ZAR outstripping broader bid for the Greenback

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