- USD/ZAR is currently trading around 14.64 levels.
- It made intraday high at 14.72 and low at 14.61 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 14.71 will take the parity higher towards key resistances around 14.78, 14.94, 15.06, 15.22 and 15.32 marks respectively.
- Alternatively, a daily close below 14.71 will drag the parity down towards key supports at 14.45, 14.22, 14.10, 14.02, 13.90, 13.82, 13.68 and 13.56 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 employment rate data at 0930 GMT.
We prefer to take long position on USD/ZAR only above 14.72, stop loss at 14.45 and target of 14.94/15.06.


FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro-Major European Indices
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro- Woodies Pivot(Major)
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major) 



