FxWirePro: GBP/NZD extends gains, faces 23.6%fib resistance 
FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip 
FxWirePro:EUR/NZD getting back on track for run toward 1.8100 level 
FxWirePro:EUR/NZD maintains bullish bias with focus on 1.8150 level 
FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
FxWirePro:EUR/NZD buoyancy keeps consolidation intact, set for further gains 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro:GBP/AUD stays bid, not much reaction to Iran-Israel tensions 
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- USD/ZAR is currently trading around 13.71 levels.
- It made intraday high at 13.73 and low at 13.65 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 13.68 will take the parity higher towards key resistances around 13.94, 14.02, 14.12, 14.32, 14.50, 14.78 and 14.99 marks respectively.
- Alternatively, a daily close below 13.68 will drag the parity down towards key supports at 13.53, 13.26 and 13.07 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release repo rate as well as prime rate data at 1300 GMT.
We prefer to take short position on USD/ZAR around 13.75, stop loss at 14.02 and target of 13.53/13.26.
