FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Major Crypto levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Major European Indices 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major Pair levels and bias summary 
- USD/ZAR is currently trading around 14.21 levels.
- It made intraday high at 14.23 and low at 14.11 levels.
- Intraday bias remains slightly bullish till the time pair holds major support at 14.17 levels.
- A daily close below 14.17 will drag the parity down towards key supports at 13.90, 13.65, 13.38, 13.19, 13.00, 12.82 and 12.58 levels respectively.
- On the other side, a daily close above 14.32 will take the parity higher towards key resistances around 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.
- 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 go long on USD/ZAR around 14.20, stop loss at 13.90 and target of 14.40/14.68.
