- USD/ZAR is currently trading around 13.72 levels.
- It made intraday high at 13.75 and low at 13.69 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.73 mark.
- A daily close above 13.73 will take the parity higher towards key resistances around 13.94, 14.02, 14.12, 14.32, 14.50, 14.78 and 14.99 marks respectively.
- Alternatively, a daily close below 13.73 will drag the parity down towards key supports at 13.68, 13.53, 13.26 and 13.07 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release gold production as well as mining production data at 0930 GMT.
We prefer to take short position on USD/ZAR around 13.75, stop loss at 13.94 and target of 13.53/13.26.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Pair levels and bias summary 



