•USD/ZAR edged higher initially but gave up ground as traders digested mixed monthly data from the central bank.
• M3 money supply growth in South Africa slowed to 7.44% last month from 8.16% in December, data from the South African Reserve Bank showed..
• Private sector credit growth rose to 8.83% in January, up from 8.74% in December but slightly below the 8.84% market estimate.
• The National Treasury (South Africa) reported that South Africa recorded a budget deficit of 69.69 billion rand in January.
• South Africa's revenue service agency published trade data that showed that the country recorded a trade surplus of 9.31 billion rand ($584.73 million) in January.
• Immediate resistance is located at 16.004 (38.2%fib), any close above will push the pair towards 16.233 (Higher BB).
• Strong support is seen at 15.746(Lower BB) and break below could take the pair towards 15.644 (Lower BB).
Recommendation: Good to sell around 15.900 with stop loss of 16.100 and target price of 15.800


FxWirePro- Major Crypto levels and bias summary
NZDJPY Retraces on Tokyo CPI: Bulls Eye 95.00 Target as Support Holds
Bitcoin Stuck in $66K–$67K Cage – Break $70K and $78K+ Becomes the Prize
FxWirePro:EUR/AUD neutral in the near-term, scope for downward resumption
ETH Follows BTC Higher: $2056 and Climbing – Bulls Locked In Above $2000
FxWirePro: GBP/USD slips ahead of Manchester local election
AUDJPY Reclaims 111 Handle: Bulls Eye 112 Target After Dip
FxWirePro: USD/CAD steadies around 1.3680,retains bid tone
EUR/JPY Coils Tightly Above 183.20 – Bulls Ready to Push Toward 186
CAD/JPY Retreats to 114.06 — 4H Chart Screams Bullish, Dip Buyers Target 115 Breakout
FxWirePro: GBP/USD slides as UK political uncertainty weighs on pound
USD/CHF Stalls at 0.77389 After 0.77541 Peak — Bulls Poised Above EMAs, Buy Dips to 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro: USD/JPY dips as yen gains after Tokyo CPI data 



