- USD/ZAR is currently trading around 13.32 levels.
- It made intraday high at 13.40 and low at 13.32 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.30 mark.
- A daily close above 13.50 will take the parity higher towards key resistances around 13.65, 13.70, 13.95, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28 and 15.45 marks respectively.
- Alternatively, a daily close below 13.30 will drag the parity down towards key supports at 13.15, 13.01, 12.95, 12.82, 12.70, 12.48, 12.30, 12.22 and 12.14 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.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro- Woodies pivot (Major)
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro- Major Crypto levels and bias summary 



