• USD/ZAR edged higher on Tuesday as South African rand softened after central bank data showed a decline in the country's foreign reserves last month.
•South Africa’s net foreign reserves fell to $71.34 billion at the end of June from $73.47 billion in May, central bank data showed on Tuesday.
•Gross reserves decreased to $74.12 billion in June from $76.58 billion in the prior month..
• The domestic economic calendar looks relatively thin this week, with May manufacturing output due on Thursday.
• Immediate resistance is located at 16.354 (SMA 20), any close above will push the pair towards 16.480(50%fib).
• Strong support is seen at 16.169(38.2fib) and break below could take the pair towards 16 .058(Lower BB).
Recommendation: Good to sell around 16.330 with stop loss of 16.500 and target price of 16.200


Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary 



