FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
- USD/ZAR is currently trading around 12.81 levels.
- It made intraday high at 12.88 and low at 12.81 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 12.94 mark.
- A daily close above 12.85 will take the parity higher towards key resistances around 12.94, 13.13, 13.23, 13.31, 13.42, 13.58, 13.70, 13.95, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28 and 15.45 marks respectively.
- Alternatively, a daily close below 12.85 will drag the parity down towards key supports at 12.70, 12.48, 12.30, 12.22 and 12.14 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/ZAR around 12.85, stop loss at 13.01 and target of 12.70/12.55 mark.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
