FxWirePro: USD/ZAR weakens as investors monitor U.S. trade policy moves

• USD/ZAR slipped lower  on Tuesday  as markets focused on U.S. President Donald Trump's tariffs.

• The next wave of U.S. tariffs is scheduled for April 2, when the White House is expected to unveil reciprocal levies targeting multiple trading partners, adding to global trade tensions.

•President Donald Trump said that not all threatened levies would take effect on April 2 and some countries may receive exemptions, easing fears of a U.S. economic slowdown

• Investors are closely monitoring which sectors and countries will be affected, as trade policy uncertainty continues to pressure global markets.

 At GMT 11:22, the pair was trading down 0.34 percent  at 18.150 .

• Immediate resistance is located at 18.294  (50%fib), any close above will push the pair towards 18.441 (Marchs 13th high).

• Strong support is seen at 18.046(61.8%fib) and break below could take the pair towards 17.952 (Lower BB).

Recommendation: Good to buy around 18.100 with stop loss of 18.000 and target price of 18.250