- USD/ZAR is currently trading around 13.87 levels.
- It made intraday high at 13.93 and low at 13.86 levels.
- Intraday bias remains bearish till the time pair holds major resistance at 14.21 levels.
- A daily close above 14.21 will take the parity higher towards key resistances around 14.32, 14.52, 14.68, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
- Alternatively, a daily close below 13.90 will drag the parity down towards key supports at 13.65, 13.38, 13.19, 13.00, 12.82 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release CPI as well core CPI data at 0800 GMT.
We prefer to go short on USD/ZAR only below 13.83, stop loss at 14.21 and target of 13.65/13.43.


Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD gains some upside momentum but still bearish
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD dips on soft China data
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: USD/JPY caught in narrow range, bias bearish 



