- USD/ZAR is currently trading around 14.19 levels.
- It made intraday high at 14.21 and low at 14.10 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.02 marks.
- A daily close above 14.12 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 14.06 will drag the parity down towards key supports at 14.02, 13.78 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.
We prefer to take short position on USD/ZAR around 14.20, stop loss at 14.32 and target of 14.02/13.78.


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD recovers but bears are not done yet again 



