The US currency surged up against the South African rand during New York morning trading on Monday. The greenback-rand pair that closed last Friday's New York session at 7.0008, edged up further and presently trading near 7.0298. The next upside target level for the US currency is seen at 7.0421.

US Dollar vs ZAR (FX:USDZAR)
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US Dollar vs ZAR (FX:USDZAR)
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