- USD/ZAR is currently trading around 15.30 levels.
- It made intraday high at 15.37 and low at 15.31 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 15.46 marks.
- A daily close above 15.46 will take the parity higher towards key resistances around 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 15.36 will drag the parity down towards key supports at 15.22, 15.02, 14.94, 14.70 and 14.57 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 will release CPI as well as core CPI data around 0800 GMT.
We prefer to take short position on USD/ZAR only below 15.22, stop loss at 15.40 and target of 15.02/14.94.


FxWirePro- Major Crypto levels and bias summary
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: USD/CNY falls to three-year high, scope for further downside
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro- Major Crypto levels and bias summary
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Woodies Pivot(Major)
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



