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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: USD/ZAR edges higher but bearish outlook persists 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
- USD/ZAR is currently trading around 13.08 levels.
- It made intraday high at 13.09 and low at 13.01 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 13.01 will take the parity higher towards key resistances around 13.15, 13.43, 13.50, 13.59, 13.65, 13.77, 13.85, 13.96, 14.16, 14.29, 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 13.01 will drag the parity down towards key supports at 12.95, 12.88, 12.70 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to go short on USD/ZAR around 13.10, stop loss at 13.18 and target of 13.01/12.88/12.70.
