- USD/ZAR is currently trading around 14.89 levels.
- It made intraday high at 14.97 and low at 14.86 levels.
- Intraday bias remains neutral till the time pair holds immediate resistance at 14.92 mark.
- A daily close above 14.92 will take the parity higher towards key resistances around 15.06, 15.22, 15.32, 15.53, 15.73,15.98 and 16.24 marks respectively.
- Alternatively, a daily close below 14.92 will drag the parity down towards key supports at 14.70, 14.60, 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.
We prefer to take long position on USD/ZAR only above 15.02, stop loss at 14.70 and target of 15.22.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Major Pair levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro- Major European Indices 



