GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
- USD/ZAR is currently trading around 11.99 levels.
- It made intraday high at 12.04 and low at 11.97 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 12.02 mark.
- A daily close above 12.02 will take the parity higher towards key resistances around 12.20, 12.32, 12.45, 12.61, 12.77 and 12.90 marks respectively.
- Alternatively, a daily close below 12.02 will drag the parity down towards k-ey supports at 11.87, 11.70, 11.53, 11.24, 11.08, 10.90 and 10.60 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa will release CPI as well as core CPI data at 0800 GMT.
We prefer to take long position on USD/ZAR around 11.98 mark, stop loss 11.87 and target of 12.32.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
