- USD/ZAR is currently trading around 18.65 levels.
- It made intraday high at 18.77 and low at 18.44 levels.
- Intraday bias remains bullish till the time pair holds key support at 18.45 mark.
- A daily close above 18.45 will take the parity higher towards key resistances around 18.90, 19.02, 19.28 and 19.54 marks respectively.
- Alternatively, a daily close below 18.45 will drag the parity down towards key supports at 18.07, 17.60, 17.30, 17.02, 16.70, 16.40, 16.22, 16.00 and 15.70 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’s standard bank PMI stands at 44.5 vs 48.4 previous release.
We prefer to take long position on USD/ZAR around 18.60, stop loss at 18.40 and target of 19.02/19.28.


AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro- Major Crypto levels and bias summary
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 



