USDZAR TO RESUME UPTREND HAS OPEN INTEREST DECLINES.

South African rand to resume uptrend has open interest declined in the South African rand futures market as of last week cot data report we might see higher prices in the SouthAfrican rand this quarter we have seen a good correction close to the trend line hence we expect the price to stay above 15.05 with a target around 15.40 to 15-50 area.