- USD/ZAR is currently trading around 13.53 levels.
- It made intraday high at 13.55 and low at 13.41 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.30 mark.
- A daily close above 13.48 will take the parity higher towards key resistances around 13.65, 13.70, 13.95, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28 and 15.45 marks respectively.
- Alternatively, a daily close below 13.48 will drag the parity down towards key supports at 13.30, 13.15, 13.01, 12.95, 12.82, 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 long position in USD/ZAR around 13.50, stop loss 13.30 and target of 13.95 mark.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Major Pair levels and bias summary
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 



