The US dollar ticked down from previous session's 6-day high of 7.3995 against its South African counterpart in New York trading on Monday. At 2:10 pm ET, the greenback dropped to 7.2958 versus the rand, which may be compared to Friday's North American session close of 7.3500. On the downside, 7.29 is seen as the next target level for the US currency.

US Dollar vs ZAR (FX:USDZAR)
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