- USD/ZAR is currently trading around 13.92 levels.
- It made intraday high at 13.93 and low at 13.87 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.02 mark.
- A daily close above 13.90 will take the parity higher towards key resistances around 14.02, 14.22, 14.32, 14.40, 14.75, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 13.90 will drag the parity down towards key supports at 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 Afrcai will release manufacturing production data around 1100 GMT.
We prefer to take short position on USD/ZAR only below 13.87, stop loss at 14.02 and target of 13.50.


FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD range to extend until there is game changing news
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm 



