- USD/ZAR is currently trading around 14.32 levels.
- It made intraday high at 14.35 and low at 14.23 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.22 mark.
- A daily close above 14.28 will take the parity higher towards key resistances around 14.50, 14.78, 14.94, 15.06, 15.22 and 15.32 marks respectively.
- Alternatively, a daily close below 14.28 will drag the parity down towards key supports at 14.22, 14.10, 14.02, 13.90, 13.82, 13.68 and 13.56 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Africa Oct 2018 std bank whole econ PMI decrease to 46.9 vs previous 48.
We prefer to take short position on USD/ZAR around 14.32, stop loss at 14.40 and target of 14.22/14.02.


Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro- Major Pair levels and bias summary
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro- Major Crypto levels and bias summary
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Woodies Pivot(Major)
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 



