- USD/ZAR is currently trading around 14.59 levels.
- It made intraday high at 14.60 and low at 14.56 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.75 levels.
- A daily close below 14.56 will drag the parity down towards key supports at 14.33, 13.96, 13.88, 13.65, 13.38, 13.19, 13.00, 12.82 and 12.58 levels respectively.
- On the other side, a daily close above 14.75 will take the parity higher towards key resistances around 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to go short on USD/ZAR around 14.60, stop loss at 14.75 and target of 14.33/13.96.


FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 



