The USD/ZAR pair might be seen as bullish?!

The USD/ZAR pair might be seen as bullish for several reasons:

Economic Data: Positive U.S. economic indicators (like strong GDP growth, employment figures, or consumer spending) can boost the dollar.

Interest Rates: If the Federal Reserve raises interest rates or signals a hawkish stance, it can lead to a stronger dollar compared to the rand.

Political Stability: Any political uncertainty or instability in South Africa can weaken the rand, making USD/ZAR bullish.

Commodity Prices: South Africa is a major exporter of commodities. If prices for key exports drop, it can negatively impact the rand.

Global Risk Sentiment: In times of global uncertainty, investors often flock to the dollar as a safe haven, driving up the USD/ZAR rate.

These factors, among others, can contribute to a bullish outlook for USD/ZAR