• The USD/ZAR strengthened on Tuesday as the rand weakened amid U.S. President Donald Trump's shifting tariff stance.
• Trump on Monday suspended his threat of steep tariffs on Mexico and Canada, agreeing to a 30-day pause in exchange for concessions on border and crime enforcement.
•The rand fluctuated on Monday, falling nearly 2% in early trading after news of Trump suspending funding to South Africa, before recovering to end the day flat..
•At GMT 10:53, the pair was trading up 0.17 percent at 18.735
• Immediate resistance is located at 18.894 (38.2%fib), any close above will push the pair towards 19.220(23.6%fib).
• Strong support is seen at 18.643 (50%fib) and break below could take the pair towards 18.392(61.8%fib)
Recommendation: Good to buy around 18.700 with stop loss of 18.450 and target price of 19.000
