- USD/ZAR is currently trading around 14.87 levels.
- It made intraday high at 14.98 and low at 14.84 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 14.98 mark.
- A daily close above 14.92 will take the parity higher towards key resistances around 15.26, 15.48 and 15.87 marks respectively.
- Alternatively, a daily close below 14.92 will drag the parity down towards key supports at 14.70, 14.57, 14.27, 14.02, 13.90 and 13.83 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 long position on USD/ZAR only above 14.98, stop loss at 14.70 and target of 15.26/15.48.


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR edges higher, set to stay on back foot
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 



