ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target 
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• USD/ZAR edged lower on Friday as the U.S. dollar softened after recent economic data and a sharp decline in oil prices slightly eased expectations for further Federal Reserve interest rate hikes.
• The U.S. dollar began the week with three consecutive sessions of gains, extending the rally sparked by last week's hawkish Federal Reserve policy statement under new Chair Kevin Warsh.
• Markets scaled back rate-hike expectations after Thursday's inflation data met forecasts and oil prices fell about 4% on Friday, easing inflation concern.
• Domestic investor focus next week will be on money supply and private sector credit opens new tab data, trade balance and budget balance figures; as well as a purchasing managers' index and vehicle sales.. .
• Immediate resistance is located at 16.573(50%fib), any close above will push the pair towards 16.685(Higher BB).
• Strong support is seen at 16.366(SMA 20) and break below could take the pair towards 16.270 (61.8%fib).
Recommendation: Good to buy around 16.380 with stop loss of 16.200 and target price of 16.600
