- USD/ZAR is currently trading around 14.99 levels.
- It made intraday high at 15.05 and low at 14.84 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.72 mark.
- A daily close above 14.89 will take the parity higher towards key resistances around 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.89 will drag the parity down towards key supports at 14.72, 14.55, 14.40, 14.22 and 14.05 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 around 14.95, stop loss at 14.80 and target of 15.22/15.40.


FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/NZD stuck in range but outlook is bullish 



