USDZAR getting a beating

USDZAR has broken most technical levels as the corona virus has caused havoc in financial markets. For now the R15.96, the 161% Fibonacci retracement level seems the next target, but the market is not adhearing to any normal convention at present. For now the small little USDZAR will take a beating from international players. All technical indicators shows that the ZAR is due a bit of a pullback.