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FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
- USD/ZAR is currently trading around 13.03 levels.
- It made intraday high at 13.08 and low at 13.02 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 13.06 will take the parity higher towards key resistances around 13.14, 13.23, 13.31, 13.42, 13.58, 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 13.06 will drag the parity down towards key supports at 12.92, 12.75, 12.48, 12.30, 12.22 and 12.14 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- South Africa will release PPI, core inflation data at 0800 GMT.
We prefer to take long position in USD/ZAR only above 13.11, stop loss at 12.92 and target of 13.27
