- USD/ZAR is currently trading around 13.32 levels.
- It made intraday high at 13.37 and low at 13.30 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.30 mark.
- A daily close above 13.30 will take the parity higher towards key resistances around 13.48, 13.70, 13.80, 13.95, 14.15 and 14.32 marks respectively.
- Alternatively, a daily close below 13.30 will drag the parity down towards key supports at 13.18, 13.01, 12.96, 12.87, 12.70, 12.48, 12.30, 12.22 and 12.14 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take short position on USD/ZAR around 13.35, stop loss 13.52 and target of 13.18/13.01.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major European Indices
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 



