• USD/ZAR edged higher on Monday as the rand gave back some recent gains, weighed down by a firmer greenback.
• The rand had drawn strength in recent days from growing market confidence that the country's repeatedly delayed budget would be approved..
• South Africa’s parliament approved the final major budget bill late Wednesday, after the ruling coalition’s two largest parties resolved months of disputes.
• In the absence of key domestic releases, global factors are expected to steer rand movements for the remainder of the week..
• At GMT 10:39,the dollar was up 0.62 % at 17.602 against South African rand.
• Immediate resistance is located at 17.708(38.2%fib), any close above will push the pair towards 17.763(50%fib).
• Strong support is seen at 17.467(38.2%fib) and break below could take the pair towards 17.357(Lower BB)
Recommendation: Good to sell around 17.650 with stop loss of 17.770 and target price of 17.200


FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro- Woodies Pivot(Major)
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro- Major European Indices
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 



