AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD eases slightly but trend is still bullish 
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats 
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 
FxWirePro- Major Pair levels and bias summary 
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target 
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains 
FxWirePro: USD/ZAR erases early gains ,looking vulnerable 
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains 
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data 
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 
- USD/ZAR is currently trading around 14.73 levels.
- It made intraday high at 14.75 and low at 14.68 levels.
- Intraday bias remains neutral till the time pair holds key support at 14.67 mark.
- A daily close above 14.80 will take the parity higher towards key resistances around 14.94, 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.67 will drag the parity down towards key supports at 14.55, 14.40, 14.22, 14.15 and 13.83 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’s private sector credit Oct stands at 7.28 pct vs 6.19 pct previous release (expected 6.70 pct).
We prefer to take short position on USD/ZAR only below 14.68, stop loss at 14.80 and target of 14.40/14.22.
