- USD/ZAR is currently trading around 14.40 levels.
- It made intraday high at 14.41 and low at 14.37 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 14.40 will take the parity higher towards key resistances around 14.70, 14.94, 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.30 will drag the parity down towards key supports at 14.15, 14.02, 13.83, 13.65 and 13.47 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 14.40, stop loss at 14.50 and target of 14.15/14.02.


Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro- Major European Indices
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD recovers but bears are not done yet again 



