FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro- Woodies pivot (Major) 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 
Gold Loses Steam After Strong U.S. Retail Sales 
CAD/JPY Surges on Broad-Based Canadian Dollar Buying 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro- Woodies pivot (Major) 
RLCUSD was one of the top performers during the Christmas holidays. The native token of iExec was gained after it dropped worker pass Utility NFT. The pair rose more than 20% in the past week. It made a high of $3.69 on Jan 4th, 2022, and fell drastically to $0.480 on board-based BTC selling. It hits a high of $1.4298 and is currently trading around $1.3485.
In the daily chart, the pair is holding above short-term (21 and 55-day EMA) and long-term 200 EMA ($1.230).
The bullish invalidation can happen if the pair closes below $1. Any weekly close below $1 targets $0.74/$0.55.
The immediate resistance stands at around $1.65. Any breach above confirms a minor pullback. A jump to $1.90/$2.60 is possible. A surge past $2.60 (this year high) will take RLC to the Nov 2021 high of $302.
It is good to buy on dips around $1.0 with SL around $0.74 for TP of $2.59.
