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FxWirePro- Major Pair levels and bias summary 
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- USD/ZAR is currently trading around 17.16 levels.
- It made intraday high at 17.45 and low at 17.15 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 17.54 mark.
- A daily close above 17.45 will take the parity higher towards key resistances around 17.58, 17.76, 17.87, 18.22 and 18.40 marks respectively.
- Alternatively, a daily close below 17.06 will drag the parity down towards key supports at 16.40, 16.22, 16.00, 15.70, 15.40, 15.25, 15.10, 15.02, 14.94, 14.72 and 14.50 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 17.20, stop loss at 17.46 and target of 16.54.
