- USD/ZAR is currently trading around 13.94 levels.
- It made intraday high at 14.04 and low at 13.93 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.11 marks.
- A daily close above 14.11 will take the parity higher towards key resistances around 14.20, 14.50, 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 13.96 will drag the parity down towards key supports at 13.70, 13.57, 13.31, 13.19, 13.01, 12.82 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to go short on USD/ZAR around 13.95, stop loss 14.11 and target of 13.70/13.57.


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro- Woodies Pivot(Major)
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro- Major European Indices
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro- Woodies Pivot(Major) 



