• USD/ZAR strengthen on Monday as greenback firmed as investors looked ahead to U.S. inflation data after Friday's mixed payrolls report.
• The dollar index was up around 0.36% as markets looked to Wednesday's U.S. inflation report for more clues about the size of a Federal Reserve rate cut expected next week.
At GMT 14:09, the pair was trading up 0.26 percent at 17.880 after reaching daily high at 17.957.
• Immediate resistance is located at 18.000 (Psychological level), any close above will push the pair towards 18.054 (50%fib).
• Strong support is seen at 17.8415(38.2%fib) and break below could take the pair towards 17.696 (Sep 2nd low).
Recommendation: Good to buy around 17.940 with stop loss of 17.830 and target price of 18.150


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