- USD/ZAR is currently trading around 15.09 levels.
- It made intraday high at 15.10 and low at 15.02 levels.
- Intraday bias remains neutral till the time pair holds key support at 15.02 mark.
- A daily close above 15.02 will take the parity higher towards key resistances around 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 15.02 will drag the parity down towards key supports at 14.94, 14.72, 14.55, 14.40, 14.22 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.
- South Africa will release business confidence data around 0930 GMT.
We prefer to take long position on USD/ZAR around 15.05, stop loss at 14.94 and target of 15.40.


FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Major Crypto levels and bias summary
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm 



