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FxWirePro- Woodies pivot (Major) 
- USD/ZAR is currently trading around 13.82 levels.
- It made intraday high at 13.85 and low at 13.79 levels.
- Intraday bias remains slightly bearish for the moment.
- A daily close above 13.98 will take the parity higher towards key resistances around 14.02, 14.12, 14.32, 14.50, 14.78 and 14.99 marks respectively.
- Alternatively, a daily close below 13.80 will drag the parity down towards key supports at 13.70, 13.53, 13.26 and 13.07 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release budget balance data at 1200 GMT.
We prefer to take short position on USD/ZAR around 13.85, stop loss at 14.02 and target of 13.50.
