- USD/ZAR is currently trading around 13.48 levels.
- It made intraday high at 13.49 and low at 13.42 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 13.45 will take the parity higher towards key resistances around 13.59, 13.65, 13.77, 13.85, 13.96, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86 (February 29, 2016 high) and 16.15 marks respectively.
- Alternatively, a daily close below 13.45 will drag the parity down towards key supports at 13.32, 13.19, 13.01, 12.82 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
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- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: NZD/USD retreats as Middle East instability weighs
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data 



