- USD/ZAR is currently trading around 14.23 levels.
- It made intraday high at 14.25 and low at 14.16 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.11 marks.
- A daily close above 14.16 will take the parity higher towards key resistances around 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 14.16 will drag the parity down towards key supports at 14.11, 13.96, 13.70, 13.57, 13.31, 13.19, 13.01, 12.82 and 12.58 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 go long on USD/ZAR around 14.22, stop loss 14.16 and target of 14.50/14.64/14.75/14.96.


FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Woodies pivot (Major)
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/ZAR gains some ground, but downtrend remains 



