- USD/ZAR is currently trading around 14.19 levels.
- It made intraday high at 14.21 and low at 14.10 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.02 marks.
- A daily close above 14.12 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 14.06 will drag the parity down towards key supports at 14.02, 13.78 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.
We prefer to take short position on USD/ZAR around 14.20, stop loss at 14.32 and target of 14.02/13.78.


CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/NZD stuck in range but outlook is bullish
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 



