- USD/ZAR is currently trading around 14.30 levels.
- It made intraday high at 14.41 and low at 14.28 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.62 marks.
- A daily close above 14.62 will take the parity higher towards key resistances around 14.75, 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 14.17 will drag the parity down towards key supports at 13.91 and 13.68 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend.
We prefer to take short position in USD/ZAR around 14.35, stop loss 14.62 and target 14.17/ 13.68 marks.


EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro- Woodies pivot (Major)
FxWirePro:' USD/CAD faces downside risk below 1.4000
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro : EUR/NZD slips lower after soft US jobs report
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro: EUR/AUD slips after surprise U.S. employment data
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary 



