• The USD/ZAR slipped lower on Monday as dollar weakened as trade tensions flared after Trump announced plans to double steel and aluminum tariffs from June 4.
• Late Friday, Trump announced plans to raise steel and aluminum tariffs from 25% to 50% starting Wednesday, hours after accusing China of breaching an agreement.
• Beijing dismissed Trump’s accusation as groundless and vowed strong measures to defend its interests.
• Domestic Data from the National Auto Association (NAAMSA) showed a 22% year-on-year rise in new vehicle sales in May.
•At GMT 16:05, the pair was trading down 0.75 percent at 17.859
• Immediate resistance is located at 18.071(38.2%fib), any close above will push the pair towards 18.353(50%fib).
• Strong support is seen at 17.757(23.6%fib) and break below could take the pair towards 17.627(Lower BB)
Recommendation: Good to sell around 18.000 with stop loss of 18.200 and target price of 17.500


BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD edges lower, remains on back foot
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD falls after BoE rate hold
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: AUD/USD firms after RBA governor Bullock comments
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot (Major) 



