Log Charts adequately explains USDZAR correction

A short term correction is unfolding but given the fragile state of the South Africa, it's just a short reprieve. Next target belongs in the 20.00 to 22.00 range (This is based on conventional pitchfork trading)

A number of analysts have argued differently, estimating the fair value of the rand to be in the 13 - 16 zar to usd range. However, they vastly underestimate the toll of an unqualified government to lead the country. The ANC stands for the total destruction of any long term investment case.