CJS Securities

Quick Fire Dollar / Rand Update
14 October 2021

240 Min Candle

Ladies & Gents

I want to follow up on the weekly report where I wanted to start buying the USD scale down from R14.73 and raise that level to R14.78.

The chart still has the potential to trade lower, but I feel that we are within the last 1.5% of the move lower.

The upside target remains over R15.50.

Good luck out there and may the force be with you!