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R/$ ???

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niemand
Contributor
What is going on here? Any ideas?
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4 REPLIES 4
niemand
Contributor
Ahem... I mean any idea why we are below R7.80? Any big deals imminent?
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Shaun_Siddall
Super Contributor
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unknown
Contributor
draw a resistance line from 23 june 2006 and notice a break out on 4 feb 2008 and becoming a support on 19 may 2008 hence imo id say the rand would strengthen to about 7.45 to $
0 Kudos
richardw
Super Contributor
Someone on ClassicFM was saying it hints strongly at 'corporate action'.
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