- USD/ZAR is currently trading around 13.63 levels.
- It made intraday high at 13.63 and low at 13.51 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.50 mark.
- A daily close above 13.54 will take the parity higher towards key resistances around 13.70, 13.95 and 14.15 marks respectively.
- Alternatively, a daily close below 13.54 will drag the parity down towards key supports at 13.42, 13.26, 13.10, 12.96, 12.87, 12.70, 12.48, 12.30, 12.22 and 12.14 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 around 13.57, stop loss 13.42 and target of 13.95/14.06.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro-Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro: USD/ZAR gains upside momentum as bulls take charge
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro: GBP/USD gains on upbeat UK retail sales data
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 



