Source: Thomson Reuters
- USD/ZAR looks heavy, profit taking provided better buy levels into the data
- SA trade deficit 8.48bln vs -24.22bln Jan, -5.7bln expected
- Qtr-end demand for Dollars and this the broader market theme too
- Next resistance for the pair seen at 61.8% Fibo, 12.5250-11.7550, at 12.2309
- After Monday's close above 12.15 pair could test 12.30s but 12.16-17 risk first


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