- USD/ZAR is currently trading around 13.44 levels.
- It made intraday high at 13.47 and low at 13.41 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.38 mark.
- A daily close above 13.85 will take the parity higher towards key resistances around 13.99, 14.12, 14.28 and 14.57 marks respectively.
- Alternatively, a daily close below 13.42 will drag the parity down towards key supports at 13.22, 13.16, 12.99, 12.70, 12.51 and 12.40 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR only below 13.38, stop loss 13.62 and target of 13.22.


FxWirePro: GBP/USD slips as dollar rebounds from six-week low
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro- Woodies pivot (Major)
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro- Major Crypto levels and bias summary
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro: AUD/USD firms after upbeat consumer spending data
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 



