• USD/ZAR rose on Friday as rand weakened much-anticipated interest rate decision by the South African Reserve Bank next week.
• Next week, domestically focused investor attention will be pinned on the central bank's rate decision on Thursday.
• Economists expect the central bank to keep its main lending rate steady at 6.75%..
• Other economic indicators due next week include the composite leading business cycle indicator on Tuesday, and producer inflation data on Thursday.
• The rand fell by more than 3% the week before last, declined by over 2% last week, and is on track for a further drop of about 1% this week.
• Immediate resistance is located at 17.006(38.2%fib), any close above will push the pair towards 17.146(Higher BB).
• Strong support is seen at 16.685(50%fib) and break below could take the pair towards 16.413(SMA 20)
Recommendation: Good to buy around 16.900 with stop loss of 16.600 and target price of 17.200


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher, set to stay on back foot 



