• USD/ZAR rose on Wednesday as South Africa's rand weakened ahead of U.S. inflation readings which could give clues on the future US interest rate path.
• Markets will closely examine the November consumer inflation data from the world's largest economy on Wednesday, as it could either undermine or reinforce predictions of a rate cut by the Federal Reserve next week.
• Domestically, South Africa's annual consumer inflation edged up to 2.9% in November, compared to 2.8% in October.
• At GMT 11:24, the pair was trading up 0.28 percent at 17.849.
• Immediate resistance is located at 17.902 (38.2%fib), any close above will push the pair towards 18.000(Psychological level).
• Strong support is seen at 17.550(61.8%fib) and break below could take the pair towards 17.678(Lower BB).
Recommendation: Good to sell around 17.830 with stop loss of 18.700 and target price of 17.890


JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm
FxWirePro: USD/CNY dips as yuan firms as investors await policy cues
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 



