- USD/ZAR is currently trading around 13.84 levels.
- It made intraday high at 13.86 and low at 13.79 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 13.94 will take the parity higher towards key resistances around 14.02, 14.12, 14.32, 14.50, 14.78 and 14.99 marks respectively.
- Alternatively, a daily close below 13.84 will drag the parity down towards key supports at 13.68, 13.53, 13.26 and 13.07 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/ZAR around 13.90, stop loss at 14.02 and target of 13.68.


EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/NZD range to extend until there is game changing news
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: GBP/USD recovers but bears are not done yet again
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions 



