- USD/ZAR is currently trading around 14.23 levels.
- It made intraday high at 14.30 and low at 14.18 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.20 marks.
- A daily close above 14.35 will take the parity higher towards key resistances around 14.52, 14.68, 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 14.18 will drag the parity down towards key supports at 14.00, 13.70, 13.57, 13.37, 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. Current upside movement is short term trend correction only.
We prefer to go short on USD/ZAR only below 14.18, stop loss 14.35 and target of 13.96/13.70.


Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: AUD/USD downside pressure builds, key support level in focus
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 



