Even at this 13,8 rate, the ZAR remains oversold. The USD is overbought as well. My prediction of 13,7 is taking longer than I expected due to the hiccups made by Zuma, Hawks and Brexit but is still on course and as long as EM's stay in favour, the ZAR could well go lower than I expected.
The popular Big Mac Index shows that the ZAR could be worth 5,85 but that is a bit far fetched and where will the ZAR start to turn back after 9 months of gains is beyond me. It has momentum to go further though.
The "experts" say 17 at year end and Chris Hart is calling 20. Have they ever been correct? I am by no means a financial person but I see sub 13,7 soon.