FxWirePro- Woodies pivot (Major) 
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores 
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FxWirePro- Major Pair levels and bias summary 
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
- USD/ZAR is currently trading around 14.40 levels.
- It made intraday high at 14.43 and low at 14.38 levels.
- Intraday bias remains bullish till the time pair holds major support at 14.17 levels.
- A daily close above 14.52 will take the parity higher towards key resistances around 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 14.20 will drag the parity down towards key supports at 14.11, 13.90, 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. Current upside movement is short term trend correction only.
- Yesterday South Africa's rand extended losses to more than 2 percent against dollar on increasing global risk aversion.
We prefer to go long on USD/ZAR only above 14.52, stop loss at 14.20 and target of 14.68/14.96.
