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FxWirePro: EUR/AUD heads deeper into bear territory, 1.6512 a key barrier 
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FxWirePro- Silver Daily Outlook 
- USD/ZAR is currently trading around 14.19 levels.
- It made intraday high at 14.21 and low at 14.13 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 14.22 mark.
- A daily close above 14.15 will take the parity higher towards key resistances around 14.40, 14.50, 14.78, 14.94, 15.06, 15.22 and 15.32 marks respectively.
- Alternatively, a daily close below 14.15 will drag the parity down towards key supports at 14.02, 13.86, 13.68 and 13.56 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/ZAR only below 14.12, stop loss at 14.40 and target of 14.02/13.86.
