- USD/ZAR is currently trading around 13.71 levels.
- It made intraday high at 13.71 and low at 13.63 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 13.65 will take the parity higher towards key resistances around 13.94, 14.02, 14.17, 14.40, 14.50, 14.78, 14.94, 15.06, 15.22 and 15.32 marks respectively.
- Alternatively, a daily close below 13.65 will drag the parity down towards key supports at 13.56, 13.40, 13.18 and 13.01 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release trade balance data at 1200 GMT.
We prefer to take short position on USD/ZAR only below 13.63, stop loss at 13.99 and target of 13.40.


Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 



