- USD/ZAR is currently trading around 14.31 levels.
- It made intraday high at 14.32 and low at 14.24 levels.
- Intraday bias remains bullish for the moment.
- A daily close above 14.37 will take the parity higher towards key resistances around 14.46, 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.
- Alternatively, a daily close below 14.16 will drag the parity down towards key supports at 13.91, 13.68, 13.26 and 13.00 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend.
We prefer to take long position on USD/ZAR only above 14.37, stop loss 14.16 and target 14.62/14.75.


FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro- Major Pair levels and bias summary
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Major European Indices
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions 



