• The USD/ZAR steadied on Friday as markets awaited key U.S. inflation print.
• Attention is now on the release of the core PCE price datathe Fed's preferred inflation gauge later on Friday, for more insights into the U.S. economic outlook.
• Traders will be watching for clues on the extent of potential Fed policy easing next year, following its more cautious outlook for 2025 earlier this week.
•At GMT 10:56, the pair was trading up 0.03 percent at 18.365
• Immediate resistance is located at 18.424(23.6%fib), any close above will push the pair towards 18.527(Higher BB).
• Strong support is seen at 18.206(38.2%fib) and break below could take the pair towards 18.000(Psychological level)
Recommendation: Good to buy around 18.350 with stop loss of 18.250 and target price of 18.450