Rand To Test Key Resistance At ZAR7.2000/US$

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The South African rand looks strong on a technical basis, and we believe that it will appreciate towards the key ZAR7.2000/US$ resistance level over the short term. Trading as high as ZAR7.2747/US$ at one point on December 2, the unit is being buoyed by resurging risk appetite, and especially, investment into South African equities as the