• USD/ZAR rose on Friday as greenback strengthened after mixed U.S. jobs report left uncertainty about the extent of the anticipated rate cut in September.
• Federal Reserve Bank of New York President John Williams stated on Friday that he supports a rate cut but refrained from specifying the extent of the Fed's initial adjustment.
•At GMT 19:32, the pair was trading up 0.92 percent at 17.854 after reaching daily high at 17.883.
• Immediate resistance is located at 17.883 (38.2%fib), any close above will push the pair towards 18.000 (Psychological level).
• Strong support is seen at 17.774(50%fib) and break below could take the pair towards 17.665 (61.8%fib).
Recommendation: Good to buy around 17.850 with stop loss of 17.600 and target price of 18.000
