- USD/ZAR is currently trading around 14.40 levels.
- It made intraday high at 14.42 and low at 14.36 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 14.40 will take the parity higher towards key resistances around 14.70, 14.94, 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.15 will drag the parity down towards key supports at 14.02, 13.83, 13.65 and 13.47 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Arica will release Interest rate decision around 1300 GMT.
We prefer to take long position on USD/ZAR only above 14.50, stop loss at 14.27 and target of 14.70/14.94.


FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: USD/CAD bulls continue to hold the higher ground
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary 



