- USD/ZAR is currently trading around 13.97 levels.
- It made intraday high at 13.98 and low at 13.93 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.90 marks.
- A daily close above 14.02 will take the parity higher towards key resistances around 14.22, 14.40, 14.70, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 13.90 will drag the parity down towards key supports at 13.78, 13.50 and 13.26 levels 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 take long position on USD/ZAR around 13.95, stop loss at 13.85 and target of 14.02/14.09/14.22.


FxWirePro- Major European Indices
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro- Major Pair levels and bias summary
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro- Woodies pivot (Major)
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 



