- USD/ZAR is currently trading around 14.36 levels.
- It made intraday high at 14.36 and low at 14.25 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.88 levels.
- A daily close below 13.88 will drag the parity down towards key supports at 13.65, 13.38, 13.19, 13.00, 12.82 and 12.58 levels respectively.
- On the other side, a daily close above 14.36 will take the parity higher towards key resistances around 14.48, 14.62, 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.
- 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 go long on USD/ZAR only above 14.36, stop loss at 13.96 and target of 14.96.


FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD eases as investors switch focus to RBA
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Pair levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: GBP/AUD edges higher but bulls lack punch
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: EUR/AUD bears maintain upper hand
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro- Woodies pivot (Major)
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally 



