FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: USD/CNY partially recovers early session losses 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro- Major European Indices 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: NZD/USD softens on Iran peace talk failure 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
- USD/ZAR is currently trading around 12.86 levels.
- It made intraday high at 12.89 and low at 12.74 levels.
- Intraday bias remains bullish till the time pair holds key support at 12.70 mark.
- A daily close above 12.76 will take the parity higher towards key resistances around 12.86, 12.96 and 13.15 marks respectively.
- Alternatively, a daily close below 12.76 will drag the parity down towards key supports at 12.50, 12.38, 12.20, 12.02, 11.94 and 11.84 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 12.82, stop loss at 12.70 and target of 13.15/13.52.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
