- USD/ZAR is currently trading around 13.12 levels.
- It made intraday high at 13.12 and low at 13.03 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.03 marks.
- A daily close above 13.03 will take the parity higher towards key resistances around 13.20, 13.37, 13.48, 13.63, 13.70, 13.95, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28 and 15.45 marks respectively.
- Alternatively, a daily close below 13.03 will drag the parity down towards key supports at 12.95, 12.87, 12.70, 12.48, 12.30, 12.22 and 12.14 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 in USD/ZAR around 13.10, stop loss at 13.03 and target


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 



