• USD/ZAR edged higher on Monday a as investors awaited employment data that could provide a clearer read on the economy's underlying health.
• Investors will turn to South Africa's fourth-quarter 2025 employment ZAUNR=ECI data on Tuesday.
• The figures will give investors deeper insight into the true health and underlying strength of the economy.
• Investors will also be looking ahead to the release of January inflation data and December retail sales figures on Wednesday, seeking clues on the economy’s momentum.
• Immediate resistance is located at 16.000 (38.2%fib), any close above will push the pair towards 16.299(50%fib).
• Strong support is seen at 15.798(Feb 18th low) and break below could take the pair towards 15.710(Jan 30th low)
Recommendation: Good to sell around 16.000 with stop loss of 16.100 and target price of 15.930
