FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
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 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/AUD moves lower on weak UK data 
- USD/ZAR is currently trading around 12.58 levels.
- It made intraday high at 12.70 and low at 12.58 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 12.70 mark.
- A daily close above 12.69 will take the parity higher towards key resistances around 12.78, 12.86, 12.96 and 13.15 marks respectively.
- Alternatively, a daily close below 12.69 will drag the parity down towards key supports at 12.54, 12.42, 12.30, 12.20, 12.02, 11.94, 11.84, 11.70, 11.62 and 11.53 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR around 12.62, stop loss at 12.70 and target of 12.54/12.42.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
