• USD/ZAR dipped on Tuesday as a lack of clarity on President Donald Trump's plans for tariffs weighed on greenback.
• Trump refrained from immediate tariff actions, a key concern for global markets, but indicated that tariffs on Canada and Mexico could be imposed soon.
• On the data front, South Africa's inflation rate rose for the second month in a row in December but by less than expected.
•Consumer inflation rose to 3.0% in December from 2.9% in November, driven by housing and food, according to Statistics South Africa.
• At GMT 14:18 the pair was trading down 0.02 percent at 18.490.
• Immediate resistance is located at 18.740(38.2%fib), any close above will push the pair towards 18.899(Jan 16th high).
• Strong support is seen at 18.423(50%fib) and break below could take the pair towards 18.321 (Lower BB).
Recommendation: Good to sell around 18.600 with stop loss of 18.760 and target price of 18.300
