• USD/ZAR dipped as South African rand edged up as oil prices dipped back below $100 a barrel and on signs of potential U.S.-Iran dialogue.
•Negotiations between Washington and Tehran remained ongoing, with U.S. Vice President JD Vance saying the U.S. expects Iran to make progress toward reopening the Strait of Hormuz
• Oil prices fell below $100 a barrel as signs of potential U.S.–Iran dialogue eased supply concerns despite disruptions caused by the U.S. blockade of Iranian ports.
• U.S. President Donald Trump said Iran is willing to strike a deal but insisted any agreement must prevent Tehran from acquiring a nuclear weapon.
• Gold, a key export for South Africa, rebounded on Tuesday from a near one-week low hit in the previous session.
• Immediate resistance is located at 16.600 (Daily high), any close above will push the pair towards 16.589 (50%fib).
• Strong support is seen at 16.311(38.2%fib) and break below could take the pair towards 16.126(Lower BB).
Recommendation: Good to sell around 16.400 with stop loss of 16.550 and target price of 16.250


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FxWirePro- Major Pair levels and bias summary
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: GBP/AUD loses momentum but outlook is bullish
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183"
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: GBP/USD hits one-month high, scope for further upside 



