- USD/ZAR is currently trading around 15.52 levels.
- It made intraday high at 15.59 and low at 14.28 levels.
- Intraday bias remains bullish till the time pair holds key support at 15.12 marks.
- A daily close below 15.28 will drag the parity down towards key supports at 15.12, 14.90, 14.71, 14.43(20D EMA) and 14.19 (May 03, 2016 low) levels respectively.
- Alternatively, a daily close above 15.28 will take the parity higher towards key resistances around 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
We prefer to take long position on USD/ZAR only above 15.59 with stop loss at 15.12 and target of 16.15 marks.


FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major European Indices
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major European Indices
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 



