BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
- 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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
