NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
- USD/ZAR is currently trading around 12.54 levels.
- It made intraday high at 12.61 and low at 12.52 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 12.62 mark.
- A daily close above 12.57 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 12.57 will drag the parity down towards key supports at 12.38, 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 only below 12.50, stop loss at 12.62 and target of 12.38/12.20.
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