Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
- USD/ZAR is currently trading around 13.78 levels.
- It made intraday high at 13.78 and low at 13.73 levels.
- Intraday bias remains neutral till the time pair holds key support at 13.73 mark.
- A daily close above 13.73 will take the parity higher towards key resistances around 13.94, 14.02, 14.12, 14.32, 14.50, 14.78 and 14.99 marks respectively.
- Alternatively, a daily close below 13.73 will drag the parity down towards key supports at 13.68, 13.53, 13.26 and 13.07 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 gold production as well as mining production data at 0930 GMT.
We prefer to take short position on USD/ZAR only below 13.73, stop loss at 14.02 and target of 13.53/13.26.
