- USD/ZAR is currently trading around 14.19 levels.
- It made intraday high at 14.19 and low at 14.15 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.27 marks.
- A daily close above 14.17 will take the parity higher towards key resistances around 14.22, 14.40, 14.70, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 14.09 will drag the parity down towards key supports at 14.02, 13.94, 13.78, 13.50 and 13.26 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 only below 14.09, stop loss at 14.27 and target of 14.02/13.94/13.78.


FxWirePro: GBP/USD recovers but bears are not done yet again
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



