- USD/ZAR is currently trading around 14.62 levels.
- It made intraday high at 14.65 and low at 14.58 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.37 mark.
- A daily close above 14.60 will take the parity higher towards key resistances around 14.64, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 14.60 will drag the parity down towards key supports at 14.37, 14.22, 14.02, 13.93, 13.78, 13.70 and 13.50 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Africa will release PPI data around 0930 GMT.
We prefer to take long position on USD/ZAR around 14.58, stop loss at 14.45 and target of 14.94.


FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 



