- USD/ZAR is currently trading around 13.73 levels.
- It made intraday high at 13.79 and low at 13.68 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.01 marks.
- A daily close above 14.01 will take the parity higher towards key resistances around 14.17, 14.36, 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 13.68 will drag the parity down towards key supports at 13.57, 13.37, 13.19, 13.01, 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.
We prefer to go short on USD/ZAR only below 13.68, stop loss 14.01 and target of 13.37.


Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro- Major Crypto levels and bias summary
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
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD eases slightly but trend is still bullish 



