- USD/ZAR is currently trading around 15.07 levels.
- It made intraday high at 15.20 and low at 15.02 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 15.28 marks.
- A daily close below 15.00 will drag the parity down towards key supports at 14.90, 14.71, 14.43(20D EMA) and 14.19 (May 03, 2016 low) levels respectively.
- Alternatively, a daily close above 15.28 will take the parity higher towards key resistances around 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
We prefer to take short position on USD/ZAR only below 14.96 with stop loss at 15.28 and target 14.71/ 14.43 marks.


FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro- Major Crypto levels and bias summary
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD bears maintain upper hand 



