- USD/ZAR is currently trading around 14.89 levels.
- It made intraday high at 14.96 and low at 14.87 levels.
- Intraday bias remains slightly bearish till the time pair holds immediate resistance at 15.08 mark.
- A daily close above 14.94 will take the parity higher towards key resistances around 15.08, 15.22, 15.32, 15.53, 15.73,15.98 and 16.24 marks respectively.
- Alternatively, a daily close below 14.94 will drag the parity down towards key supports at 14.81, 14.70, 14.52, 14.30 and 14.05 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR around 14.92, stop loss at 15.08 and target of 14.70.


FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Major Pair levels and bias summary
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: USD/JPY steadies around 158.75, bias bullish
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted 



