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FxWirePro: NZD/USD downside pressure builds, key support level in focus 
- USD/ZAR is currently trading around 13.30 levels.
- It made intraday high at 13.31 and low at 13.25 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.26 mark.
- A daily close above 13.26 will take the parity higher towards key resistances around 13.48, 13.70, 13.80, 13.95, 14.15 and 14.32 marks respectively.
- Alternatively, a daily close below 13.26 will drag the parity down towards key supports at 13.18, 13.01, 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 short position on USD/ZAR around 13.35, stop loss 13.48 and target of 13.26/13.18/13.01.
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