• USD/ZAR strengthened on Tuesday as traders assessed the impact of Trump's steel and aluminum tariffs, which could trigger a trade war.
•Trump imposed a 25% tariff on steel and aluminum imports on Monday, with no exceptions or exemptions, aiming to boost U.S. production.
•The immediate focus is on South Africa's fragile steel industry and the country's budget, due for release next week.
•At GMT 11:23, the pair was trading up 0.20 percent at 18.466.
• Immediate resistance is located at 18.616 (50%fib), any close above will push the pair towards 18.877(38.2%fib).
• Strong support is seen at 18.361(61.8%fib) and break below could take the pair towards 18.317(Lower BB)
Recommendation: Good to buy around 18.400 with stop loss of 18.200 and target price of 18.600
