- USD/ZAR is currently trading around 13.94 levels.
- It made intraday high at 13.96 and low at 13.85 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 13.87 will take the parity higher towards key resistances around 13.99, 14.12, 14.32, 14.50, 14.78 and 14.99 marks respectively.
- Alternatively, a daily close below 13.87 will drag the parity down towards key supports at 13.94, 13.72 and 13.53 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/ZAR around 13.95, stop loss at 14.12 and target of 13.72.


FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Crypto levels and bias summary
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 



