• USD/ZAR firmed on Tuesday as a firm U.S. dollar outweighed data showing an expansion in economic activity signalled by the central bank's leading business cycle indicator..
• The dollar firmed as investors grew sceptical of a swift end to the Middle East conflict, partially reversing the optimism-driven moves seen in the previous session.
• South Africa's composite leading business cycle indicator rose 0.4% month-on-month in January, central bank data showed on Tuesday.
• Investors now turn to Thursday's central bank rate decision, when economists polled by Reuters expect the bank to keep its main lending rate steady at 6.75%.
• Immediate resistance is located at 17.177(50%fib), any close above will push the pair towards 17.418(Higher BB).
• Strong support is seen at 16.801(38.2%fib) and break below could take the pair towards 16.520(SMA 20)
Recommendation: Good to buy around 16.900 with stop loss of 16.600 and target price of 17.200


FxWirePro: AUD/USD downside pressure builds, key support level in focus
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: GBP/AUD edges lower, downside risk remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
AUD/JPY Technical Outlook: Range-Bound Trading Amidst Emerging Bearish Pressure
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level
FxWirePro: AUD/USD edges higher but bearish outlook persists
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
BTCUSD Coils in Tight Range: Will Geopolitical Stability Trigger a Breakout Toward $80,000? 



