• USD/ZAR initially gained but gave up some ground as markets fretted over U.S. President Donald Trump's tariffs due next week.
• Trump on Wednesday announced 25% tariffs on all imported vehicles and foreign-made auto parts, set to take effect after midnight on April 3..
• The tariffs mark the latest escalation in the global trade war, raising investor concerns about slower growth and rising inflation in the world’s largest economy.
• Like other risk-sensitive currencies, the rand is influenced by global factors such as U.S. economic policy, alongside domestic conditions.
• Immediate resistance is located at 18.424 (50%fib), any close above will push the pair towards 18.541(Higher BB).
• Strong support is seen at 18.69 (61.8%fib) and break below could take the pair towards 17.956(Lower BB).
Recommendation: Good to buy around 18.200 with stop loss of 18.000 and target price of 18.400


GBPJPY Stuck in Tight Range: Bullish Bias Holds Above 211.50 – Dip Buyers Targeting 215 Breakout?
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
FxWirePro- Major Pair levels and bias summary
AUDJPY Holds the Line: Positive Bias Intact Above 109 – Dip Buyers Eyeing 112 Breakout?
FxWirePro- Woodies Pivot(Major)
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000?
FxWirePro: GBP/USD bulls struggles as upside momentum fades
FxWirePro- Major European Indices
NZDJPY Pullback: Yen Strengthens on Takaichi's Election Victory – Buy the Dip Toward 96? 



