- USD/ZAR is currently trading around 13.40 levels.
- It made intraday high at 13.43 and low at 13.38 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close below 13.11 will drag the parity down towards key supports at 13.00, 12.82 and 12.58 levels respectively.
- On the other side, a daily close above 13.65 will take the parity higher towards key resistances around 13.96, 14.06, 14.22, 14.48, 14.62, 14.75, 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. Current upside movement is short term trend correction only.
We prefer to take long position in USD/ZAR around 13.35, stop loss 13.19 and target 13.65/13.96.


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: EUR/NZD steadies ahead of ECB meeting
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 



