• USD/ZAR initially gained but gave ground as market participants awaited interest rate decision by the U.S. Federal Reserve later in the day.
•Investors focused on the Fed meeting outcome, with traders widely expecting the central bank to keep rates unchanged.
• The Fed is set to release new economic projections, revealing whether policymakers still anticipate rate cuts by year-end as they assess the early impact of the Trump administration.
At GMT 15:06, the pair was trading up 0.33 percent at 17.493 after reaching daily high at 18.284.
• Immediate resistance is located at 18.221 (50%fib), any close above will push the pair towards 18.279 (March 19th high).
• Strong support is seen at 18.065(38.2%fib) and break below could take the pair towards 17.958 (Lower BB).
Recommendation: Good to buy around 18.200 with stop loss of 18.400 and target price of 17.950


GBPJPY Stuck in Tight Range: Bullish Bias Holds Above 211.50 – Dip Buyers Targeting 215 Breakout?
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
NZDJPY Pullback: Yen Strengthens on Takaichi's Election Victory – Buy the Dip Toward 96?
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000?
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop 



