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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
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- USD/ZAR is currently trading around 17.88 levels.
- It made intraday high at 18.03 and low at 17.61 levels.
- Intraday bias remains bullish till the time pair holds key support at 17.30 mark.
- A daily close above 17.83 will take the parity higher towards key resistances around 18.04, 18.22 and 18.40 marks respectively.
- Alternatively, a daily close below 17.83 will drag the parity down towards key supports at 17.30, 17.02, 16.70, 16.40, 16.22, 16.00 and 15.70 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 on USD/ZAR around 17.80, stop loss at 17.50 and target of 18.22/18.40.
