AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
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FxWirePro: USD/ZAR gains some ground, but downtrend remains 
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NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80 
- USD/ZAR is currently trading around 13.01 levels.
- It made intraday high at 13.03 and low at 12.97 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.01 marks.
- A daily close above 13.01 will take the parity higher towards key resistances around 13.15, 13.26, 13.43, 13.50, 13.59, 13.65, 13.77, 13.85, 13.96, 14.16, 14.29, 14.50, 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 13.01 will drag the parity down towards key supports at 12.85, 12.78, 12.62, 12.58 and 12.44 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/ZAR only below 13.01, stop loss at 13.15 and target of 12.85/12.78.
