- USD/ZAR is currently trading around 14.36 levels.
- It made intraday high at 14.42 and low at 14.35 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 14.50 marks.
- A daily close above 14.40 will take the parity higher towards key resistances around 14.50, 14.75, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 14.40 will drag the parity down towards key supports at 14.27, 14.12, 14.02, 13.87, 13.78, 13.70 and 13.50 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Africa will release CPI as well as core CPI data around 0800 GMT.
We prefer to take long position on USD/ZAR only above 14.50, stop loss at 14.27 and target of 14.75.


FxWirePro- Woodies Pivot(Major)
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major European Indices 



