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EURJPY Pauses After Multi-Year High – Bulls Eye 186 Breakout Above 183 Support 
EUR/JPY Holds Firm Above 183: Neutral Indicators Mask Upside Potential to 187 
GBP/JPY Range-Bound Bull: Buy Dips at 210 Targeting 212 Breakout with SL Below 209 
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• USD/ZAR dipped on Tuesday as rising precious metal prices lifted the South African rand across the board.
•Soaring prices of precious metals have helped to propel the rand to its strongest in more than three years.
• On the data front, South Africa recorded a budget deficit of 14.99 billion rand ($901.40 million) in November, according to National Treasury data released on Tuesday.
The latest figure represents a significant widening compared to the deficit of 4.46 billion rand reported in November 2024..
• South Africa's National Treasury is scheduled to publish November budget balance data which should provide insight into the health of Africa's most industrialised economy.
• Immediate resistance is located at 16.682(Daily high), any close above will push the pair towards 16.770(38.2%fib).
• Strong support is seen at 16.570(23.6%fib) and break below could take the pair towards 16.506(Lower BB)
Recommendation: Good to sell around 16.590 with stop loss of 16.900 and target price of 16.350
